PSCI 3350 Lecture 21: Fical Simulation results
2 Dec 2018
School
Department
Course
Professor
Document Summary
In this assignment we were given the task to lower the national debt by identifying what policies could be implemented to raise the revenue of the united states and what spending cuts should take place to attain this goal. To do this, many people will have to sacrifice something for this to work. One of the largest spending cuts policies that would have a great impact when it comes to lowering the debt is increasing social security age. People argue that because of this policy, the elderly would have to work for more time before they could retire. Although this would be true, the social security program began during the great depression which was more than 80 years ago, during this time the life expectancy for people was around the age of 79. One of the areas where the united states could cut a huge amount of spending as well as create revenue would be under the health spectrum.
