Ten Trillion and Counting.docx - Ten Trillion and Counting The film investigates the causes and potential outcomes of and possible solutions to

Ten Trillion and Counting.docx - Ten Trillion and Counting...

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Ten Trillion and Counting The film investigates the causes and potential outcomes of and possible solutions to America’s debt. / QUESTIONS #1-12 on the film 1. What is a budget deficit? 1. When the government’s expenses exceed their income. 2. What is total national debt? 1. When all the budget deficit’s pile up, or the total amount of money a government owns. 3. What are some reasons why the budget deficit and non-budgeted spending have been adding more than $500 billion to the national debt in recent years? 1. 4. Name three countries that loan money to the U.S. government. What instruments do they receive to guarantee their loans? 1. Saudi Arabia 2. China 3. Japan 5. On several occasions, a balanced budget amendment has been proposed as law but not passed by Congress. What would be the advantages and disadvantages of having such a law? 6. What was PAYGO? What happened to that policy, and how did it impact the budget deficit?
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  • Fall '16
  • Ross Graham
  • budget deficit, United States public debt

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