G15
a) A Balanced Budget is a budget with revenues equal to expenditures, where neither a budget deficit or budget surplus exist.
b) Federal payments to groups or individuals under government programs that disperse money to people who meet certain criteria.
c) One example of a federal entitlement is Medicare. Federal entitlement programs act as barriers to a balanced budget because they are not limited, and every person who meets the criteria for the programs will be eligible to the entitlements of that program. The only way to decrease the amount of expenditures payed for these programs is to lower the number of people eligible, which is not popular among the public, making it unpopular amongst politicians. Therefore entitlement programs force the government to fund certain projects and pay certain amounts of money, while making no money under the program.
d) A consequence of a large budget deficit is that they can put the country in risk by putting themselves in too much debt.
e) For 2012, our projected revenue was $2.47 trillion, our expenditures were $3.79 trillion our budget deficit was $1.1 Trillion.
http://useconomy.about.com/od/usfederalbudget/p/US-Government-Federal-Budget-FY2012-Summary.htm
f) The total national debt is 16.533 Trillion, and pending.
http://www.usdebtclock.org
Tuesday, February 19, 2013
Thursday, February 14, 2013
G12
Substance- Obama proposed to raise the minimum wage to $9.00, cut spending and raise taxes on the upperclass, and a shift to cleaner energy.
Style- Obama spoke very confidently and made it clear what his goals for the nation were. He used hand gestures and other body notions to further express his emotions. Obama mentioned numerous people, including the families from New Town Connecticut.
Response- The camera zoomed in on Joe Biden a lot, who was standing behind the president. The media also showed John Boehner and Paul Ryan, both of whom seemed uninterested and in bad moods. Obama received the biggest reaction when he talked about the end of the Afghanistan War and the troops coming home.
Substance- Obama proposed to raise the minimum wage to $9.00, cut spending and raise taxes on the upperclass, and a shift to cleaner energy.
Style- Obama spoke very confidently and made it clear what his goals for the nation were. He used hand gestures and other body notions to further express his emotions. Obama mentioned numerous people, including the families from New Town Connecticut.
Response- The camera zoomed in on Joe Biden a lot, who was standing behind the president. The media also showed John Boehner and Paul Ryan, both of whom seemed uninterested and in bad moods. Obama received the biggest reaction when he talked about the end of the Afghanistan War and the troops coming home.
Wednesday, February 6, 2013
G7
1) a. Congress gives agencies policy making discretion because these agencies can have more expertise on certain policies, where as Congress can not be an expert on every policy it makes. Congress covers a broad range of policies while agencies usually cover one specific policy. Another reason Congress does this is to take the blame for any policies gone wrong off of them. If they assign an agency to take control of creating the policies, than they can put all the blame onto these agencies if something goes wrong and the policy isn't taken well by the public.
1) b.
2) a. EPA- Exercises policy making discretion over the Environment and climate.
FCC- Deals with interstate and international communications through forms of media.
Federal Reserve Board- Deals with monetary policies of the United States
2) b. EPA- The EPA announces data through media depicting the differences between healthy water and polluted water in certain areas of the U.S
FCC- This agency can fine television or radio broadcasters for inappropriate remarks, actions or gestures.
Federal Reserve Board- The FRB can change interest rates in banks to help either encourage or discourage investing.
3) Congress decides the bureaucracies budget, so they can make sure the agencies are following their legislative intent and punish them by decreasing their budget if they are not. Congress can also choose to create pieces of legislation so that they are more specific and leave less room for bureaucratic discrepancy.
1) a. Congress gives agencies policy making discretion because these agencies can have more expertise on certain policies, where as Congress can not be an expert on every policy it makes. Congress covers a broad range of policies while agencies usually cover one specific policy. Another reason Congress does this is to take the blame for any policies gone wrong off of them. If they assign an agency to take control of creating the policies, than they can put all the blame onto these agencies if something goes wrong and the policy isn't taken well by the public.
1) b.
2) a. EPA- Exercises policy making discretion over the Environment and climate.
FCC- Deals with interstate and international communications through forms of media.
Federal Reserve Board- Deals with monetary policies of the United States
2) b. EPA- The EPA announces data through media depicting the differences between healthy water and polluted water in certain areas of the U.S
FCC- This agency can fine television or radio broadcasters for inappropriate remarks, actions or gestures.
Federal Reserve Board- The FRB can change interest rates in banks to help either encourage or discourage investing.
3) Congress decides the bureaucracies budget, so they can make sure the agencies are following their legislative intent and punish them by decreasing their budget if they are not. Congress can also choose to create pieces of legislation so that they are more specific and leave less room for bureaucratic discrepancy.
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