Public budgets generally arise from two related and often contrasting concepts 1) that the people, thorough the Constitution, granted the federal government limited powers to spend to accomplish legitimate constitutional ends and 2) that the people, through the Constitution granted the federal government a limited taxing power in order to raise revenues to cover those expenditures. Over two centuries after these limited grants were made, debates rage over the growing number of kinds, types, and categories of expenditures made by an expanding federal government and the prolific use of debt to finance expenditures that that are beyond the government’s means. As is so often true of public sector budgeting, the decisions related to the role of government, the spending it obligates the American people to absorb, and the strategies employed in financing obligations beyond the Nation’s means are largely shaped by a political dynamic. This week we will begin to explore the politics of spending.
Topic: The politics and policy of taxes and deficit spending.
As you have seen, public budgeting is inherently political. Indeed, it is driven by an acutely political cycle: For example: 1) Politicians promise benefits in order to get elected; 2) Those promised benefits often come at high expense; 3) If campaign promises are to be kept, taxes must be raised or reorganized in order to transfer and transform private wealth into government revenue to cover those expenses; 4) Individuals losing wealth through higher taxes may seek to remove from office the politicians that raised their taxes, and so on. In light of this cycle, many individuals, institutions, political challengers and think tanks may work to hold elected officials accountable for their public budgeting decisions. In this week’s discussion board forum, please provide and explain an example of political strategies used to hold elected officials accountable for taxing/spending policy and an example of a political strategy used by politicians to avoid the potentially negative consequences of deficit spending or tax increases.
There must also be an appropriate incorporation of Judeo-Christian worldview/analysis and biblical principles.
We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.Read more
The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.Read more
The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.Read more
By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.Read more