in your term paper discuss what changes you would like to see in federal revenues and/or outlays, predict what impact these changes would have on a national level, and identify what types of individuals and/or firms will experience the greatest impact as a result of these changes. Specific directions for items to be addressed are:
1. Summarize what changes you would like to see made by the federal government to substantially reduce (or eliminate) the federal budget deficit (current federal deficit is greater than $500 billion per year). To help you with this process
2. What national level impacts do you think these changes will likely have on GDP, unemployment, and investment?
3. Identify which individuals and/or firms would be most impacted by the changes you proposed, who would be most supportive of these changes, and who would be most opposed to them (example the elderly, young people, millionaires, etc.) and discuss how you think these groups will perceive the changes you proposed.
Paper Requirements:
1. Your paper should be 2 to 4 full pages long, double spaced, 12 point times new roman font, with at least one full page dedicated to each part.
2. Submissions must be Word documents or PDFs (other formats will not be accepted).
3. The paper should include at least three citations. Citations should not be from wikipedia.com, ask.com, or web discussions.
4. Your paper should be formatted in the MLA style.
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