Press the comma key or shift + question mark to see a list of keyboard shortcuts This is a graded discussion: 25 points possible 2 2 unread replies. 2 2 replies. Read/review the following resources for this activity: You are an advisor to the President tasked with cutting at least $300 billion from the budget. The president wants your recommendations to cut lines, not large categories. Explain why you chose those cuts. Note: These are not true US budget numbers. Cut some foreign aid to African countries $17 billion Eliminate farm subsidies $14 billion Cut pay of civilian federal workers by 5 percent $14 billion Reduce the overall federal workforce by 10% $12 billion Cut aid to states by 5% $29 billion Cut the number of nuclear warheads, and end the “Star Wars” missile defense program $19 billion Reduce military to pre-Iraq War size and further reduce troops in Asia and Europe $25 billion Cancel or delay some weapons programs $19 billion Enact medical malpractice reform by reducing the chances of large malpractice verdicts $ 8 billion Increase the Medicare eligibility age to 68 $ 8 billion Raise the Social Security retirement age to 68.
$ 13 billion Return the estate tax to Clinton-era levels, passing on an estate worth more than $1 million to their heirs would have portions of those estates taxed. $ 50 billion End tax cuts for income above $250,000 a year $ 54 billion End tax cuts for income below $250,000 a year $ 172 billion Payroll tax increase for people making over $106,000 annually contributing more to Social Security and Medicare. $ 50 billion Institute a Millionaire’s tax on income above $1 million $ 50 billion Add a national 5% sales tax $ 41 billion Add a tax on carbon emissions $ 40 billion Tax banks based on their sizes and the amount of risk they take. $ 73 billion $_________________ Use evidence (cite sources) to support your response from assigned readings or online lessons, and at least one outside scholarly source. Respond to at least two peers or one peer and the instructor. Further the dialogue by providing more information and clarification. Minimum of 1 scholarly source, which can include your textbook or assigned readings or may be from your additional scholarly research. This activity will be graded using the Discussion Grading Rubric. Please review the following link: