Find answers to your questions faster and easier with IDNLearn.com. Explore a wide array of topics and find reliable answers from our experienced community members.
Sagot :
Given that spending is anticipated to exceed tax revenue in the upcoming year, legislators should implement an austerity-based fiscal strategy to prevent the national debt from rising.
In order to achieve this, government spending would need to be decreased in order to match tax income. Making changes to government programs and services would undoubtedly be necessary, and doing so may be contentious and politically challenging.It would be vital, nevertheless, to prevent adding to the nation's already significant debt.There are a few measures Congress might take to stop the growth of the national debt. Spending might be reduced by $300 billion as one alternative. This might be accomplished by cutting the funding for each department and agency of government.
learn more about national debt here:
brainly.com/question/22684204
#SPJ4
We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com has the answers you need. Thank you for visiting, and we look forward to helping you again soon.