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Government Class Fall Seme

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What are taxes spent on? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How much money have we accumulated and spent? Deficit: the yearly shortfall between revenue and spending Surplus: more income than outcome
 
Making the Budget for Spending
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How is money borrowed? ,[object Object],[object Object],[object Object],[object Object]
 
Who we owe money to…
 
 
Current Bills ,[object Object],[object Object],[object Object],[object Object],[object Object]
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Current Legislation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lack of Government Funding ,[object Object],[object Object],[object Object],[object Object],Why? Until recently, there were no central groups surrounding this issue and no one really advocated it. No one was also educated in this disorder, so the level of funding eating disorder should receive lacked.
Why does the government borrow? ,[object Object],[object Object],[object Object],Demand-side Economics/ Keynesian Economics: the government must borrow to support increased spending that will encourage employment and eventually higher tax revenues. Supply-side Economics/ Reaganomics : tax cuts will increase supplies of money to private hands and stimulate the economy. Ideologies:
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Presentation on Taxes