Question

Concerned that the size of the federal debt is stifling economic growth, citizen groups encourage Congress to tackle the issue with meaningful reform to the federal budget. Which actions are most likely to accomplish this goal?

Answer 1

Answer:

increase taxation, decrease spending

Explanation:

A budget deficit occurs when government expenses exceed revenue. To meet the financial obligation of the budget, congress should employ fiscal policies such as increased taxation to raise revenue so as to meet the budgetary obligation or conversely, they can cut down on governmental spending.