1. How large is the current U.S. budget deficit and how has it changed over the last few years?
2. What is the total amount of U.S. debt and how has this changed in the last few years? Who holds this debt?
3. How does the current administration propose reducing the national debt? Do you think this plan is economically sound and achievable?
4.What are the potential economic consequences (short and long run) of large budget deficits/debt?
5. What additional/different spending cuts would you recommend and why?
6. Did the previous administration have different fiscal policy than the current one? How was it different? Was it more effective than the current administration’s policies?