ITESM 100 Engaging on A Simulation of The Federal Budget Decision Reflection Discussion

ITESM Engaging on A Simulation of The Federal Budget Decision Reflection Discussion

This discussion board asks you to engage a simulation on the federal budget, and then to reflect on the decisions you made–and what you learned from the exercise. The United States has operated on a deficit budget. As the assigned reading by the Congressional Budget Office states, the 2020 fiscal year budget was over $3 trilli0n, a massive increase over 2019 that is attributable in large part to federal spending in response to the COVID-19 pandemic. Pandemic response aside, the federal budget has experienced increasing deficits over the past five years, and indeed has run at deficit for most of the past 40 years, suggesting the political difficulty of budgetary balance.

The Next Ten Federal Budget Challenge will give you a flavor of the fiscal impacts of different choices one might make in attempting to balance the federal budget. Note that the FY2020 simulation is based on estimates that were made prior to the pandemic, and so do not reflect the current gravity of the fiscal situation at the federal level.

After completing the course readings and instructional media, please complete the Federal Budget Challenge. In working to balance the budget, make a note of the choices that you made, as you will share and reflect on these in the discussion board.

The Federal Budget Challenge is available at the following link:

https://www.federalbudgetchallenge.org/challenges/20/pages/overview?utm_source=next10&utm_medium=referral&utm_campaign=budget

After you have completed the budget challenge, respond to the discussion board questions below.

please respond to the following questions in a post of approximately 250 words, making explicit reference to the Budget Challenge, and incorporating the reading material. By please comment on or respond to the posts of at least two other

  • Briefly describe your background and exposure to public financial management.
  • What choices did you make in the Federal Budget Challenge? In doing this exercise, what surprised you the most?
  • What do you hope to take away from this class?pleaase write half a page for the discussion , i can only view the other discussions after i post mine so i need to finish the discussion and then i will be able to post 2 more and i need 2 replies to their discusssion. Simulation of The Federal Budget Simulation of The Federal Budget Simulation of The Federal Budget Simulation of The Federal Budget Simulation of The Federal Budget Simulation of The Federal BudgetSimulation of The Federal Budget

WE WILL DO A CUSTOM ESSAY ON A SIMILAR TOPIC JUST FOR YOU

ORDER NOW