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POLI330N Keiser College Presidential Advisor on How to Lower the Budget Paper

POLI330N Keiser College Presidential Advisor on How to Lower the Budget Paper

Question Description

You are an advisor to the president tasked with cutting at least $300 billion from the budget. Explain why

you chose those cuts.

Domestic programs and foreign aid

foreign aid to African countries$17 billion, eliminate farm subsidiaries$14 billion,

cut pay of civilian federal workers by 5% $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” missle 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 weapon programs $19 billion

healthcare

enact medical malpractice reform by reducing the chances of large malpractice verdicts $8 billion, increase medicare eligibility age to 68 $8 billion, raise social security retirement age to 68 $13 billion,

existing taxes

return real estate taxes 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 $250k a year, $54 billion, end cuts for income below $250 a year $172 billion, payroll tax increase for people making over $106k 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 emmissions $40 billion, tax banks based on their sizes and the amount of risk they take $73 billion

Total gap covered by your budget plan $__________________

APA format

reference list (at least 2)

no more than 1 1/2 pages please

undersdtanding politics: ideas, institutions, and issues Magstadt


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