Module Nine Lesson Two Assignment Two - M9_L2 Assignment 2...

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M9_L2: Assignment 2 ____________________________________________________________________________ ____________ Created by NCVPS During the 1980s, the United States government had a multimillion-dollar budget. Although the national debt rose to record levels during the decade of the 80s, most people felt good about the economy. Directions: Your job is to develop a chart that you would pitch to the President of the United States and the United States Congress of a plan for spending for an imaginary $1 million of the federal budget. Once you have answered the questions below, follow the submission directions at the bottom of the page. Step 1: Address these questions: How will you raise the $1 million? Will you use supply-side economics , will you raise taxes, or will you raise the national debt ? Explain how your actions would help you to achieve success in the economy. Step 2: How will you spend the $1 million? You must address the following areas of 1980s budgeting: Assisting Gorbachev with his policies of glasnost and perestroika Strategic Defense Initiative NASA after the Challenger accident

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