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Assignment: Budgeting
Length: 4 pages.
Go to Google Crome and locate the federal budget and the Mississippi state budget for the current fiscal year. Compare and contrast both budgets. Discuss the prompts listed below:
1. The budgeting tools utilized by both government types.
2. The impact of market inefficiencies on both government types.
3. Ethical implications of the budget process.
4. Impacts of budget deficiencies on public agencies.
5. Use of rainy-day funds by the state and whether something similar would work for the federal government. If you feel it would work for the federal government, explain how you think it would work. If you do not think it will work, please explain your reasoning.
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