Describe What are the National Debt, Debt Ceiling and Budget Deficit.
2 page no format
In this section, the group should identify a solution that they believe would be primarily in the interests of the business community. For example, in the area of health care, the business community may prefer a policy that permits more flexibility in determining levels of participation. Try to find an example of a private sector solution and briefly describe the kinds of policy preferences this would result in. And answer the question – why does government oppose this?
1. What are the National Debt, Debt Ceiling and Budget Deficit. 4/13/2017. US News (There are several sources to link to from this cite).
2. Budget Deficit: How It Affects the Economy. Why the government Can Run a Budget Deficit and You Can’t. Kimberly Amadeo. up.12/22/2016
https://www.thebalance.com/budget-deficit-definition-and-how-it-affects-the-economy-3305820
3. U.S. Government Spending .com
http://www.usgovernmentspending.com/federal_deficit_chart.html
4. Just facts.com National Debt. A resource for independent thinkers.
http://www.justfacts.com/nationaldebt.asp
5. “Understanding the National Deficit and Debt: A Primer”;
http://www.demos.org/sites/default/files/publications/Deficit101_OFS_Demos.pdf
3. GAO – Understanding the National Debt:
http://www.gao.gov/fiscal_outlook/understanding_federal_debt/overview
6. National Debt or Federal Deficit? What’s the Difference?
http://usgovinfo.about.com/od/federalbudgetprocess/a/debt-vs-deficit.htm