Reference no: EM133306503

Question

The US federal budget can't be effective without effective monetary and fiscal policy, and competent auditing process. Discus the role of Federal Reserve Bank and the Treasury Dept, regarding the funding of bankrupt financial institutions (like Fannie Mae, Freddie Mac, AIG and others) . So far almost $5/6 trillion have been invested for Corona Pandemic related relief package for the general welfare of the average people and the business entities. Make your argument: how sound these stimulus spending are from financial, political and moral standpoint. As you know all of the tools available to the Federal Government must work together in facilitating effectiveness of public finance policies in the United States. Converse on the role of government in interfering the economy and also argue how in contemporary interdependent global economy, economic tools of USA should match the economic empowerment of emerging Asian countries.