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The Federal Budget

The Federal Budget. Madison Alonzi, Ana Manners, & Christine Lund. Lowering the Deficit. The government should have a certain amount of people that specifically controls just the budget.

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The Federal Budget

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  1. The Federal Budget Madison Alonzi, Ana Manners, & Christine Lund

  2. Lowering the Deficit • The government should have a certain amount of people that specifically controls just the budget. • There should be a certain amount the government can spend, an amount that goes to payoff debt, and “fall-out” money in case we as a country get in trouble.

  3. Controlling Pork-Barrel Spending • Pork-Barrel spending consists of the useless things our taxes go to. • Pork-Barrel spending could be slowed if the tax rate was changed or if there was a limit on how much money the government could spend. • Some of the most ridiculous things we found that our taxes go to were: a Prom video game, for those that want to ‘relive the night.’ Along with a Stonehenge Worship Center, the research on whether or not Chimps communicate by throwing feces, money going to cowboy poetry, and fighting obesity with graffiti carrots.

  4. The Fiscal Cliff • The fiscal cliff basically means that if we lower our spending, our income rate would be higher. • If we didn’t spend as much, the government wouldn’t have as much money to use to promote the ideas that they do. They also wouldn’t have so much debt to cover. • News for the Fiscal Cliff: http://www.latimes.com/news/nationworld/nation/la-na-fiscal-cliff-20121206,0,19627.story

  5. Proportional VS. Progressional Taxes. • We like progressional taxes better because it allows the people without much money to keep a decent amount of it after paying taxes. • The wealthy may have to pay the most, but they also make the most, so it equals out.

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