Evaluate each of the following proposals for reform in terms of the material discussed in this chapter:

Question:

Evaluate each of the following proposals for reform in terms of the material discussed in this chapter:

a. Linking all spending programs to visible tax hikes

b. A balanced budget amendment stipulating that Congress cannot spend more than total tax revenues

c. A budgetary referenda process whereby the voters actually vote on the distribution of federal dollars to the different categories of spending (x percentage to agriculture, y percentage to national defense, etc.) instead of letting elected representatives decide.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Microeconomics

ISBN: 9780538452861

10th Edition

Authors: Roger A. Arnold

Question Posted: