Week 6 Discussion 1: Presidential Advisor

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        This is a graded discussion: 25 points possible 

              due Aug 18                   

Week 6 Discussion 1: Presidential Advisor

 2      2 unread replies.    2      2 replies.          

Required Resources
Read/review the following resources for this activity:

  • Textbook: Review Chapter 2, 3 (pp. 56-59), 13
  • Lesson
  • Additional scholarly sources you identify through your own research

Initial Post Instructions

You are an advisor to the President tasked with cutting at least $300  billion from the budget. The president wants your recommendations to  cut lines, not large categories. Explain why you chose those cuts.

Note: These are not true US budget numbers.

    

DOMESTIC PROGRAMS AND FOREIGN AID


Cut some foreign aid to African countries


 $17 billion

 


Eliminate farm subsidies


 $14 billion

 


Cut pay of civilian federal workers by 5 percent


 $14 billion

 


Reduce the overall federal workforce by 10%


 $12 billion

 


Cut aid to states by 5%


 $29 billion

 

MILITARY


Cut the number of nuclear warheads, and end the "Star Wars" missile defense program


 $19 billion

 


Reduce military to pre-Iraq War size and further reduce troops in Asia and Europe


 $25 billion

 


Cancel or delay some weapons programs


 $19 billion

 

HEALTHCARE


Enact medical malpractice reform by reducing the chances of large malpractice verdicts


 $ 8 billion

 


Increase the Medicare eligibility age to 68


 $ 8 billion

 


Raise the Social Security retirement age to 68.


 $ 13 billion

 

EXISTING TAXES


Return the estate tax to Clinton-era levels, passing on an estate  worth more than $1 million to their heirs would have portions of those  estates taxed.


 $ 50 billion

 


End tax cuts for income above $250,000 a year


 $ 54 billion

 


End tax cuts for income below $250,000 a year


 $ 172 billion

 


Payroll tax increase for people making over $106,000 annually contributing more to Social Security and Medicare.


 $ 50 billion

 

NEW TAXES


Institute a Millionaire's tax on income above $1 million


 $ 50 billion

 


Add a national 5% sales tax


 $ 41 billion

 


Add a tax on carbon emissions


 $ 40 billion

 


Tax banks based on their sizes and the amount of risk they take.


 $ 73 billion

 

Total gap covered by your budget plan



$_________________

Use evidence (cite sources) to support your response from assigned  readings or online lessons, and at least one outside scholarly source.

Follow-Up Post Instructions
Respond to at least  two peers or one peer and the instructor. Further the dialogue by  providing more information and clarification. Minimum of 1 scholarly  source, which can include your textbook or assigned readings or may be  from your additional scholarly research.

Writing Requirements

  • Minimum of 3 posts (1 initial & 2 follow-up)
  • APA format for in-text citations and list of references

Grading
This activity will be graded using the Discussion Grading Rubric. Please review the following link:

Course Outcomes (CO): 7

Due Date for Initial Post: By 11:59 p.m. MT on Wednesday
Due Date for Follow-Up Posts: By 11:59 p.m. MT on Sunday

    • Posted: 7 days ago
    • Due: 
    • Budget: $10
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