In the Assignments Tab, Week 3 Homework, please review the article titled, “CBO Releases New Economic Projections” and “CBO’s Alternative Long-Term Budget Scenarios”
using the following links: http://www.crfb.org/blogs/cbo-releases-new-economic-projections
After you review these discussions, use the interactive “Debt Fixer” to arrive at your solution to the national debt issue. Here’s the link:
After you’ve fixed the national debt issue as described in the introduction, explain in a (double space) paper potential weaknesses and strengths of your solutions – include in this discussion the toughest decision you had to make and the easiest decision you had to make regarding your overall reductions to the budget. Do you think you could bet your proposal through both the House of Representatives (majority vote) and Senate (60 votes minimum)?