Question

Go to the internet and find a news article published within the last three months that discusses balancing the federal budget of the U.S. and fiscal policy, summarize key points and post in the Discussions area. Discuss the current level of the Federal budget deficit and the implications of the deficit. Support a proposal for addressing these concerns.

Answer 1

SOLUTION :------

.>> Hence that fiscal dificit is rising even since economic recession that hit US economic in 2007-2008 . it is projected soon US fiscal defict would cross 1 trillion mark and us debt has topped the 20 trillion .

>> ,recently trump has introduced big tax overhaul benifiting business class immensely. further trump is pushing for big rise in defense expenditure. further ,expenditure on entitlement program also poised to rise in near year.

>> US employment rate is the near the natural rate of unemployment and growth rate is also above the 2%... so it can be duduced that government no longer to keep on spending economic activities.

>> finally government needs to rein the cost of various entitlement program. further ,government must keep tab on swelling defense budjet.