Description
Week 2 Assignment: Federal Budget Activity
This week we learned about how laws get made by the legislative branch of our government. One of the biggest laws that regularly gets made by Congress is the Federal Budget.. The Federal Budget is a law that spells out how the government will spend its money. This is a huge power that Congress has that is often called, “The Power of the Purse.” If the Congress doesn’t give the government money to do something in the Budget, the government won’t have the resources do what it might want to do.
In at least 500 words answer the following questions:
- Provide a justification of the budget choices you made within one of the following categories: Defense, Domestic, Social Security, Healthcare (you may NOT choose to focus on the categories labeled: “Budget Path,” “Other,” “Revenue,” or “Tax Expenditures”). In this defense you must address possible counter arguments to the budget decisions you made. If you are spending more under this category how are you going to get new revenue or gain public support for more deficit spending? If you are cutting funds – what are you going to do with these surplus funds?
- Discuss how this assignment impacted your understanding of the budget process, and the debates between the parties and within Congress have regarding the federal budget? Do you think anything should be done to streamline the current budget process?
- Discuss how difficult this would have been to do this activity as a group project – what budget issues would have been contentious? How could you have come to a compromise?
*Don’t forget to upload your pdf file of the budget as well as the text of your essay in your assignment submission. Both parts of this assignment at once must be submitted for grading.
Please note: APA formatting and citations rules apply to this and all essays in this course.
As with all weekly written assignments, submit your work as an attached file. Double-space your paper and use 12 point Times New Roman as your font.
Please view the attachment of my budget results
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Explanation & Answer
Attached.
Running Head: BUDGETING ACTIVITIES OF THE FEDERAL GOVERNMENT
Budgeting Activities of the Federal Government
Name of Student:
Name of Professor:
Course Title:
Date:
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BUDGETING ACTIVITIES OF THE FEDERAL GOVERNMENT
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Budgeting Activities of the Federal Government
Introduction
Budgets developed by the American government are essential policy instruments that
make it possible for the elected leaders to fulfill their mandate as they are placed in a better
position to acquire the funds that they need for various activities. The budget is often a reflection
of the results that are obtained from the decision making process. The current paper seeks to
conduct an analysis of various factors that pertaining to the budgeting process.
The justification for healthcare budget choices and the utilization of surplus funds
The provision of the public option in the acquisition of health services would ensure that
the people who residents in America can be in a position to acquire good quality health services
at a reasonable price (Schick, 2008). This is opposed to priva...