December Government Shutdown More Likely: MacGuineas

December Government Shutdown More Likely: MacGuineas

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

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The transcript discusses the potential for a government shutdown, highlighting the shift in political dynamics from a Republican vs. Democrat divide to a House vs. Senate conflict. It explores the implications of a shutdown, the challenges in political leadership, and the need for budget reforms. The conversation suggests forming a fiscal commission to address the national debt and improve the budget process, emphasizing the importance of bipartisan cooperation and expert involvement.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for the shift in dynamics from a Republican vs. Democrat issue to a House vs. Senate issue regarding the government shutdown?

The Senate's push for a continuing resolution

The House's agreement with the Senate

The public's opinion

The President's intervention

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main consequences of the routine nature of budget disagreements?

Higher public trust

Improved credit rating

Credit downgrade

Increased government efficiency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Mitch McConnell's role impact the Senate's ability to avert a shutdown?

He supports the House's stance

He is not involved in the process

His expertise helps in landing deals safely

He opposes all Senate decisions

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the proposed solutions to address the budget crisis?

Relying solely on the President's decisions

Ignoring the debt issue

Forming a fiscal commission

Increasing taxes without any plan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge in implementing a fiscal commission?

Lack of public interest

Excessive funding

Overwhelming support from all parties

Political climate and partisanship

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the impact of the current fiscal policy on the Federal Reserve's job?

It has no impact on the Fed

It reduces the Fed's responsibilities

It simplifies the Fed's tasks

It complicates the Fed's efforts to manage inflation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to address the debt and budget issues according to the speaker?

To increase government spending

To support national priorities and security

To reduce taxes

To eliminate the need for a budget