House Passes $1.7 Trillion Spending Bill

House Passes $1.7 Trillion Spending Bill

Assessment

Interactive Video

Social Studies, Business

University

Hard

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The video discusses the Biden administration's economic plans for 2023, focusing on relief measures like child care benefits and housing price reduction. Challenges in implementing these plans due to a divided government are highlighted. Inflation is a key concern, with strategies to increase workforce participation and supply. The impact of government spending on inflation and national debt is examined, emphasizing the need for responsible budgeting to avoid economic and security risks.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the economic issues the Biden administration plans to address in 2023?

Expanding space exploration

Reducing taxes for corporations

Providing child care benefits

Increasing military spending

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key challenge for the Biden administration's economic agenda?

Insufficient funding

Divided government

Lack of public support

International trade barriers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is increasing workforce participation a focus for the administration?

To address inflation by increasing supply

To promote international trade

To reduce unemployment benefits

To increase tax revenue

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the government plan to address inflation?

By cutting social programs

By increasing the supply of goods

By reducing workforce participation

By increasing taxes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major criticism of the $1.7 trillion spending bill?

It does not include enough military funding

It focuses too much on foreign aid

It is too small to impact the economy

It could contribute to further inflation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence of the high national debt?

Increased international influence

Improved economic stability

Dependence on foreign borrowing

Decreased interest rates

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant issue with current budgeting practices?

Excessive focus on education

Over-reliance on renewable energy

Lack of payment for priorities

Bipartisan agreement on all issues