[Recommended]: Libertarian & conservative would approach developing the US budget

  How a libertarian and conservative would approach developing the US budgetAlthough the conservatives and the libertarians agree upon economic issues and free trade, they have striking differences. Despite these differences, both the conservatives and the libertarians agree on taxes, welfare state issues, and immigration. To come up with a balanced budget the conservatives and the libertarians must recognize the federal revenue maxima, and rank the order of the federal government spending priorities. For instance, the U.S Public Debt Service. After the priorities are set in order allocation of enough money to each until there is no money left is done. To succeed in developing a budget for the U.S the conservative and the libertarian must come up with an approach where both parties can set aside their different ideologies and policies and focus on a common good. (Magstadt, 2017)Balancing the budget is always seen as a difficult act when usually it’s a quite simple process. Most politicians and fiscal conservatives often ten to think that balancing the budget is either very difficult or impossible. Politicians who can be said to be ambitious propose a multiyear path to balance to achieve a balanced budget which would take approximately ten years to reach a balance. (Bartlett, 2007). The reality of the matter is, balancing a budget is easy. The libertarians and the conservatives would share ideas and debate on the pro and cons of the various ideas presented to come up with a final balanced budget proposal. A list of all ideas is then grouped based on revenue increase, spending cuts, reforms. These ideas must have a reputable source for saving the budget or had provided the calculations. To come up with a budget, all the proposals are voted to come up with the best-balanced budget which is handed in for approval. ReferencesBartlett, B. (2007). “Starve the Beast”: Origins and Development of a Budgetary Metaphor. The Independent Review, 12(1), 5-26.Magstadt, T. M. (2017). Understanding politics: ideas, institutions, and issues (12th ed.). Boston, MA: Cengage Learning.

Answers

Related Questions

A++ WORK...

In a 500 to 700 word APA formatted paper, integrate your readings on racism, ethnocentrism, prejudice, nativism, xenophobia, groupthink, prestige hier...

Write a paper...

In a 1-2 page paper, written in APA format using proper spelling/grammar, address the following: Briefly explain Piaget's and Erikson's theor...

Discussion...

 Assume you are the Chief of Police in a large city. You have received several complaints regarding dilapidated homes in the city. These homes appear...

*** 100% CORRECT*** ACCT 560 Midterm Exam (Spr...

ACCT 560 - Advanced Studies In Federal Taxes And Management Decisions Keller GraduateMultiple ChoiceQuestion: (TCO A) Tax evasion is when a taxpayer...

help...

What organizations have appeared to be behind the standards movement in public health in the U.S.?In order to successfully meet the health care needs...

Iron 3 IP...

DUE 6/6/17 @ 10PM CST 2 - 3 PAGES APA FORMAT WITH PIS AND/OR GRAPHS Deborah enters your office, and you notice that she looks apprehensive. “Hi, De...

Write about an American Film...

Choose an American film to write about. In a 1-2 page paper, describe unique features of your chosen film and genre and explain what you like and/or...

Written Analysis of Case...

Transforming Singapore’s Public Libraries                                                     ...

Iron 3...

DUE 6/2/17 @ 10PM CST 600 - 800 WORDS APA FORMAT Write 600–800 words that respond to the following questions with your thoughts, ideas, and comment...

Current Issues Presentation...

Choose one of the religions discussed in this course. Hinduism, Jainism, Sikhism, Shinto, Confucinaism, Daoism or Buddhism are acceptable.    Do...

finance...

 Project Pre-work For the project, you will be analyzing 2 portfolios. The first will have SEVEN stocks and the second will have EIGHT.I have picked...

Ethical Considerations Draft Topic : Neuromorphic...

Topic : Neuromorphic technology(Computer chips that mimic the human brain)Ethical Considerations Draft This week, you will submit your Ethical Cons...

FLSA Analysis...

For this assignment, you will be researching the Fair Labor Standards Act (FLSA). For the first section of your paper:Assess the main features of the...

For Catherine Owens ONLY...

Methodological Issues Article ReviewRead the following articles, which can be accessed through the ProQuest database in the Ashford University Library...

Physical Science...

Assignment 2: Global Warming: Cause and Mitigation Due Week 9 and worth 160 points Among the most controversial topics in physical science, global wa...

Funding Proposal...

For this part of the course project, you will demonstrate your ability to identify how firms raise funds through the use of debt, equity, and retained...

Theoretical Foundation...

Details:The Theoretical Foundation section of a research study is often one of the most challenging components to create. It is informed by the histor...

APA final Essay...

View one of the films below. Choose one character from the film and compare him/her to another character from another reading we've studied in cla...

The Business Plan...

Details: You are a behavioral health entrepreneur interested in starting a private practice. What would be some important considerations to make prio...

World Cultures...

 Comparing Erasmus and Luther on Reform · Be sure to discuss both men’s views on this issue. Assess ‘In Praise of Folly’ by Erasmus, who stre...

Impact of Benefits and Challenges of Using Situati...

 Part 5You are the head of a department at a local school. You notice that there is a high percentage of students who are failing the initial course....

Assignment: Describe in Detail the Appropriate Pro...

 As a newly promoted Marketing manager/Entrepreneur r, you have scheduled an initial kick-off meeting with the marketing team of your firm. The senio...

Literature Review- Successful Completion of a Doct...

Details:Successful Completion Of A Doctoral Dissertation Requires Significant Amounts Of Independent Reading On The Research Topic. This Allows The Do...

FLOVODOH ONLY! Climate change denier analysis...

This is due Thursday at 10:00am Los Angeles time. 5 Pages on Climate Change Denier analysis for below essay.      “I love the poorly educated”...

If you didn't find the right answer

Ask Your Questions, We'll notify you once someone answers it