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Essay Archive - Economics: Proposal to Cut the Budget Deficit
Economics: Proposal to Cut the Budget Deficit
The federal budget is an explosive problem which if not acted upon soon,
threatens to swallow the entire domestic income. I have placed together
several decisions that create a minimal impact upon the economy, yet reduce
the federal budget deficit by 2/3s. The aggregate demand curve ultimately
will shift, not greatly, to the right as the economy is slightly increased
throughout my proposal.
To accomplish this feat, the plan to be presented to Congress in
January will consist of many revenue increases and some spending increases
and decreases. This pla....
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