Go to the internet and find a two news article that discusses balancing the federal budget of the U.S. , summarize key points and post in the Discussions area.
Ask yourself these questions: what percentage goes to defense and what percentage to education; what is the total percentage of the budget that goes to the military and what percentage goes to social security and unemployment; what percentage does the budget represent of 2015 GDP; is this sustainable, why or why not?
Considering the content from the articles, and what percentages go to various budget components, construct a budget that is balanced. List major categories only, and the amounts. Explain why your budget is balanced.
What are the macroeconomic benefits of a balanced budget?
Currently what was the federal deficit in 2016, and what is the total national debt? So, with all this debt how come the US isn't sinking into recession after recession?