5 April - 11 April
Section outline
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Fiscal policy and national budget
Read pages pages 16-22 from the Budget-2000 document (official budget proposal), and think about the difference in priorities when compared with the 2015 proposals.
Look at the 2015 proposal of the Obama administration and the 2015 proposal of the House Republicans. What are the main differences? Why are the two sides so distant from each other? The two articles from the New York Times should help with that.
Updated links for the 2015 budget documents are as follows:
President Obama´s Budget Proposal:
http://www.whitehouse.gov/omb/budget
http://www.whitehouse.gov/omb/budget/presidents-message
http://www.whitehouse.gov/sites/default/files/omb/budget/fy2015/assets/econ_analyses.pdf
Paul Ryan´s Budget Proposal:http://budget.house.gov/fy2015/factsandsummary.htm
http://budget.house.gov/news/documentsingle.aspx?DocumentID=374932
http://budget.house.gov/uploadedfiles/fy15_budget_charts.pdf
Go through the Public Debt Citizen's Guide document (State of the Union Finances) for more thorough analysis of the debt problem.
Asset tracking:
Update the asset tracking table, and be prepared to briefly comment on the changes of the value of your assets.