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What challenges might policy makers have to overcome

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1. What challenges might policy makers have to overcome if they wish to make changes to either Social Security and Medicare programs?

2. What IS the cost of paying the interest owed on the debt? How might this affect the debt now and into the future?

3. The long-term federal budget outlook - assuming no policy changes - appears to be good or not so good. Why?

Directions: In the simulation game choose 3 areas of Spending and 3 areas of Revenues to change. You do this by clicking on the ">" next to the program/policy and then clicking on the + or - sign. Answer the following questions. Place your answers after each question. Your answers should be complete sentences.

4. What changes did you make?

5. How do your personal values influence your choices (3 areas of spending and 3 areas of revenue)?

6. Do your changes balance both revenues and expenditures so that you will be able to put the country on a sustainable fiscal path? How so?

7. What group or groups of people will be most negatively affected by these changes? What group or groups of people will be most positively affected by these changes?

Reference no: EM133254468

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