budgeting
Review “ A Guide to the Federal Budget Process .” Be prepared to discuss
Budgeting 101" Copy and Paste this Format when responding (do not post attachments):
From the first e-Activity, discuss three (3) challenges in the budget process.
Challenge 1: (Justify your response with examples)
Challenge 2: (Justify your response with examples)
Challenge 3: (Justify your response with examples)
Explore the budget simulation game located at http://www.nathannewman.org/nbs/whytax.shtml . Navigate to the right and choose the “Short Version 2006” then make at least three (3) reductions and three (3) increases to the different budget categories. Leave the other budget items on “hold even.” View the results. Be prepared to discuss.
From the second e-Activity, identify and explain your choices for reductions and increases (Place your response here!)
Discuss at least two (2) lessons you learned about the challenge of balancing the federal budget.
Lesson 1: (Place your response here!)
Lesson 2: (Place your response here!)