BUDGET

=TUESDAY, MAY 18th, 2009=

==== Exercise One: Define the following basic vocab terms on a sheet of paper using this [|glossary]:==== ====- __Federal Budget__ - //estimate of federal government income &outgo during a fiscal year; a plan for executing public policy; the amount of money need for the government to carry out its duties//====

==== Exercise Two : Preform an internet search to find TWO national debt calculators that are as recent as May1st. In your paper record the national debt, and if possible what is you "fair share."====

==== Exercise Three: Do your best to balance the federal budget The information on this site may be dated, but the challenges of trying to balance a budget are evident. Keep in mind what is best for the community, country, and the rest of the world as you make your decisions.====

b.Does a surplus exist?
====c. What impacts were felt by your decisions? Each simulation provides an explanation of the are where money was to be spent.====

====Try your hand at balancing the Federal Budget in "[|Budget Hero] - This is the challenging be sure to go through the "briefing" that gives detailed instructions.====