Clip: Federal Budget and U.S. Economic Challenges
Clip: Federal Budget and U.S. Economic Challenges
Description
Former Senator Alan Simpson (R-WY) on the effects of Social Security, Medicare, Medicaid and defense spending on the Federal deficit.
Bell Ringer Assignment
- What are the “Big Four” according to Senator Alan Simpson?
- Does he believe progress can be made on the debt without modifications to the “Big Four”?
- What challenges face Medicare?
- How does the U.S. defense budget compare to other nation’s budgets?
Participants
Vocabulary
- Debt
- Deficit
- Medicaid
- Medicare
- Social Security