Part one of term paper
The federal budget is an explosive problem which if not acted upon soon, threatens to swallow the entire domestic income. I have placed together several decisions that create a minimal impact upon the economy, yet reduce the federal budget deficit by 2/3s. The aggregate demand curve ultimately will shift, not greatly, to the right as the e ...

Part two of term paper
... severly cripple the economy. Taxes must be raised, yet to offset the taxes, some spending must be spent to help profit the economy. My plan is similar to the Gramm-Rudman Hollings Law, except these cuts are possible, but it will take more than 1 term. The taxing that I plan would move the aggregate demand curve to the left, as money is taken away from the people. Imposing the Ad Valorem tax on energy, increasing the average residential bills by $50 a year would reduce the deficit by 25 billi ...