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NATIONAL BUDGET SIMULATION

NATIONAL BUDGET SIMULATION

This simple simulation should give you a better feel of the trade-offs which policy makers need to make in creating federal budgets and dealing with deficits. This simulation asks you to adjust spending and tax expenditures in the the 2006 budget proposed by the White House in order to achieve either a balanced budget or any other target deficit. In order to make the choices we face in the budget clearer, we assume that you make the adjustments all in one year. According to the Congressional Budget Office, the 2006 fiscal deficit is projected to be $296 billion. This does not include the costs of the Iraq War, so in the simulation the deficit has been increased by $105 billion, the costs of the supplemental appropriations for Iraq and Afghanistan operation for fiscal 2005, for a total... Show More
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Evalyn Gossett
Evalyn Gossett (Faculty)
4 years ago

I love this - thank you for the work you put into this. I have included your link as part of my S481: Nursing Management and Leadership Online course. I have tinkered with this budget and realize what a great exercise this will be, I also hope this will generate an intelligent forum discussion.