12 Evaluate each of the following proposals for reform in terms of the material discussed in this...

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12 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.

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Microeconomics

ISBN: 9780324785494

9th Edition

Authors: Roger A. Arnold

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