Macroeconomics 10th Edition by Roger Arnold

تمرين 7

Evaluate each of the following proposals for reform in terms of the material discussed in this chapter:
a. Linking all spending programs to visible tax hikes
b. A balanced-budget amendment stipulating that Congress cannot spend more than total tax revenues
c. A budgetary referendum process whereby the voters actually vote on the distribution of federal dollars to the different categories of spending ( x percentage to agriculture, y percentage to national defense, etc.) instead of letting elected representatives decide