What is the main issue with the current budget as discussed in the first section?
Trump Budget Request 'Dead on Arrival,' Holtz-Eakin Says

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The budget has a clear vision for the next decade.
The budget relies on unrealistic tax cut expectations.
The budget is balanced and sustainable.
The budget focuses too much on non-defense spending.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the tax burden shifted according to the second section?
From value-added taxes to income taxes.
From payroll taxes to corporate taxes.
From corporations to individuals.
From individuals to corporations.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What global trend is affecting corporate tax strategies?
Increased reliance on payroll taxes.
Increased reliance on value-added taxes.
Decreased reliance on individual income taxes.
Decreased competition among corporations.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential consequence of prolonged deficit spending in a full employment economy?
Decreased trade deficits.
Higher corporate tax rates.
Increased economic vitality.
Reduced investment in productive sectors.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is a trade deficit inevitable with tax cuts and economic growth?
Due to increased borrowing from abroad.
Because of decreased imports.
Because of reduced budget deficits.
Due to decreased economic growth.
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