Question 1. To assist in providing new revenues to the federal government, some have proposed a value added tax (VAT) similar to those used in the United Kingdom and Canada. What are the pros and cons of introducing this type of national sales tax?
Question 2. Describe the formal federal budget process. In your view, what are some of the key challenges in this process?
Question 3. There has been considerable discussion about the U.S. debt situation. Briefly outline the current situation and responses available to the government.
Question 4. How does the government affect policy making?