Assume The Government Is Running A Budget Deficit. Should The Government Raise Taxes To Balance The Budget? Should The Government Decrease Spending To Balance The Budget? What Are The Pros And Cons Of Each Action?

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22-05-2015
Social Studies

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Assume The Government Is Running A Budget Deficit. Should The Government Raise Taxes To Balance The Budget? Should The Government Decrease Spending To Balance The Budget? What Are The Pros And Cons Of Each Action?

Sagot :

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mxdecker mxdecker · Answer 1 · 2015-05-22T11:58:24-04:00

i personally think that both would be a good idea. It also depends on how bad the budget deficit is. if the government would raise taxes by like 1% it wouldn't be to bad. they could also not give as many funds to things that arn't important like maybe a science investigation that isn't very useful. but if they would decrease spendings on, for exaple medicare that would effect people in a not so good way. but if they raised taxes too much it could also effect people badly. hope this helped

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