Yellen Says Biden's $3.5 Trillion Spending Plan Will Cost Zero

Yellen Says Biden's $3.5 Trillion Spending Plan Will Cost Zero

Assessment

Interactive Video

Business

University

Hard

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The video discusses a $3.5 trillion spending proposal, which is claimed to be fully funded and potentially deficit-reducing over time. It highlights the President's plan to raise revenue to cover costs and mentions possible changes as the proposal moves through Congress.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total spending amount of the proposal discussed?

$1 trillion

$2.5 trillion

$3.5 trillion

$4 trillion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the transcript, how will the costs of the program be covered?

By borrowing more money

By raising revenue as proposed by the President

Through increased taxes

By cutting other programs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the President's budget include to cover the program's costs?

A plan to raise revenue

An increase in healthcare spending

A decrease in education funding

A reduction in military spending

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is expected to happen to the deficit beyond the first ten years of the program?

It will double

It will remain the same

It will be reduced

It will increase significantly

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is under consideration as the proposal goes through Congress?

A reduction in the proposal's budget

Changes to the proposal

Complete rejection of the proposal

Immediate approval without changes