Question

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. Submit your recommendations and your reasoning for such recommendations using these guidelines:

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

- Use the format provided below to present your numbers and totals followed by an explanation below the chart.

- Please note that these are not true US budget numbers, but are reasonable hypothetical numbers to help us consider the budget processes complexities.

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		$_________________

Answer 1

My goal in this report is to raise money from the rich and give some help to the poor, keep the budget balanced and have less pressure on the poor person and maintain equity.

If there is a budget cut, we can reduce African aid because our country needs to look for a budget balance at the time of the budget cut. If African countries do not need it in most emergencies, it can be reduced. (Billion 17 billion cut)

Agricultural subsidies should not be reduced as farmers are already under intense pressure to grow more crops. Subsidies give them some relief and encourage them not to leave farming as a farm.

A civil union employee should not have their pay cut because they are working for the federal government. They should be given some additional incentives so that the Fed’s private data is not disclosed or they are not discouraged.

The workforce should not be reduced because they are already under severe stress in small numbers and have a lot of work to manage.

States must be told to reduce aid and increase revenue sources from the people of the state (29 billion cuts)

It can be implemented to improve mistakes in the field of health care, which puts some pressure on physicians to be more active. (Billion 8 billion)

Medicaid should not be increased because it puts more pressure on the budget (billion 8 billion cuts)

Social security should not raise the age because it puts more pressure on the budget ($ 13 billion)

We can go back to the Clinton era where taxes were collected from a great part of society. (Billion 50 billion)

Tax deductions should end because earning more than $ 250,000 is enough to pay taxes. (Billion 54 billion cut)

Tax deductions should not end for those earning less than 00 250000 as the poor fall into this category.

People who help with Social Security and Medicare can be taxed because they are also tax-rich (billion 50 billion)

People earning above 1000000 should be taxed because they are earning as much as they contribute to the society. (Billion 50 billion)

Sales tax should not be increased because it will lead to a reduction in sellers ’effort, which in turn will reduce national sales.

Carbon emissions should be taxed because it benefits society and reduces pollution levels. (Billion 40 billion) Risky behavior should not be taxed because some people are happy to take risk by nature.