The president wants your recommendations to cut lines, not large categories. Explain why you chose those cuts. DOMESTIC PROGRAMS AND FOREIGN AIDCut 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 billionMILITARYCut 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?$19 billionHEALTHCAREEnact medical malpractice reform by reducing the chances of large malpractice verdicts?$ 8 billion?Increase the Medicare eligibility age to 68?$ 8 billion?Raise the Social Security retirement age to 68.?$ 13 billionEXISTING TAXESReturn 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 billionNEW TAXESInstitute 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 billionTotal 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.
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