ONE to TWO paragraph(s) for each question please!!
1. If you were to add mandatory expenditures, defense and interest on the national debt, these items would total what percentage of the total budget? What are the implications of this for balancing the budget?
2. The $1.9 Trillion COVID relief bill passed the Senate 50-49 utilizing what budget provision that eliminates the filibuster? What is now being considered to make use of this budget provision?
3. Keynes and Hayek were the foremost economic thinkers of their time and ours. Just in case you were wondering, “Why do I care about these old guys? That was a long time ago,” the Keynes-Hayek debate still enters into our lives daily. For this discussion : What was the main focus of the economic philosophy for each man? Please identify one good or service that is provided by the private sector that you think would be better provided by government. And, in the reverse, name something that government does that you think would be better provided by private businesses
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