Question

What does this graph suggest about the costs and benefits of balancing the budget

Answer 1

Pro:

The balanced budget amendment addresses the chronic deficit issue, which is growing in importance in the United States. Over the past few years, the country has managed to run deficit of about one trillion dollars, which is clearly an amount of money so big that it is hard to comprehend.

Con:

In order for a budget to truly be balanced, costs must be contained and income sources must be obtained. The money cannot come from loans as it usually is and as such, there is no way for the government to manipulate the cash flow and still be able to properly balance the budget.