1. What are the three major categories of revenues for the federal government?
2. What are the three major categories of expenditures for the federal government?
3. Explain whether or not we should be concerned with net interest outlays and national debt.
4. What major concerns are there about the federal budget in the long run?
5. How would you, as president, recommend those concerns be dealt with?© BrainMass Inc. brainmass.com October 10, 2019, 1:06 am ad1c9bdddf
Details about net interest outlays and national debt are embedded.