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APA
Subject:
Management
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Coursework
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English (U.S.)
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Presidential Advisor. Management Coursework Essay Paper

Coursework Instructions:

Week 6 Discussion 1: Presidential Advisor



  • Textbook: Review Chapter 2, 3 (pp. 56-59), 13

  • Lesson

  • Additional scholarly sources you identify through your own research


Initial Post Instructions


You are an advisor to the President tasked with cutting at least $300 billion from the budget. The president wants your recommendations to cut lines, not large categories. Explain why you chose those cuts. 


Note: These are not true US budget numbers.



DOMESTIC PROGRAMS AND FOREIGN AID

Cut some foreign aid to African countries

$17 billion



Eliminate farm subsidies

$14 billion



Cut pay of civilian federal workers by 5 percent

$14 billion



Reduce the overall federal workforce by 10%

$12 billion



Cut aid to states by 5%

$29 billion

MILITARY

Cut the number of nuclear warheads, and end the "Star Wars" missile defense program

$19 billion



Reduce military to pre-Iraq War size and further reduce troops in Asia and Europe

$25 billion



Cancel or delay some weapons programs

$19 billion

HEALTHCARE

Enact medical malpractice reform by reducing the chances of large malpractice verdicts

$ 8 billion



Increase the Medicare eligibility age to 68

$ 8 billion



Raise the Social Security retirement age to 68.

$ 13 billion

EXISTING TAXES

Return the estate tax to Clinton-era levels, passing on an estate worth more than $1 million to their heirs would have portions of those estates taxed.

$ 50 billion



End tax cuts for income above $250,000 a year

$ 54 billion



End tax cuts for income below $250,000 a year

$ 172 billion



Payroll tax increase for people making over $106,000 annually contributing more to Social Security and Medicare.

$ 50 billion

NEW TAXES

Institute a Millionaire's tax on income above $1 million

$ 50 billion



Add a national 5% sales tax

$ 41 billion



Add a tax on carbon emissions

$ 40 billion



Tax banks based on their sizes and the amount of risk they take.

$ 73 billion

Total gap covered by your budget plan

 

$_________________


Use evidence (cite sources) to support your response from assigned readings or online lessons, and at least one outside scholarly source.


 


 


 


 


Access to book:


 


Magstadt, T. M. (2017). Understanding politics: Ideas, institutions, and issues. 


Online.vitalsource.com

 


Coursework Sample Content Preview:

PRESIDENTIAL ADVISOR
Name:
Instructor:
Institution:
Date:
You are an advisor to the President tasked with cutting at least $300 billion from the budget. The president wants your recommendations to cut lines, not large categories. Explain why you chose those cuts.
The first thing would be to tax banks based on their capacities and transactions. This would then be followed by a look at the environment and the need to combat climate change through control of carbon emissions. To this end, there will be a need to add taxation on carbon emissions. Over the years, this percentage of national debt has been slowly rising. Magstadt (2017) even notes that it hit its highest percentage ever, in 2008. There is therefore the need to bring such deficits to manageable levels before they get out of hand.
Then, there is need to look at the large disparity between the rich and the poor, and to work to try and reduce it. This can be done by first looking at the estates during inheritance and also the salary caps. Therefore, the nation should go back to the Cl...
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