Investigate the possible outcome of sequestration had it taken place in 2013.
A) Spending cuts would have pulled from social welfare programs, allowing Republicans to reform entitlements.
B) The defense budget would have taken a major hit, as increased spending and decreased taxes led the government to seek investments elsewhere.
C) New tax hikes would have taken money from the ultra-rich and redistributed it among the working class.
D) The sudden tax increases and simultaneous spending cuts would likely have produced a "double-dip" recession just as the U.S. was coming out of the first.
Correct Answer:
Verified
Q32: Which U.S.president is responsible for implementing Food
Q33: Medical costs consume nearly _ percent of
Q34: The 2010 healthcare reform, known officially as
Q35: What event is largely considered responsible for
Q36: Conservatives hold that Johnson's Great Society was
Q38: The _ administration simplified the Food Stamps
Q39: U.S.federal expenditures mandated by law, such as
Q40: What was the poverty line in 2012?
A)$14,505
B)$17,060
C)$23,050
D)$26,750
Q41: The classical economists of the late eighteenth
Q52: President Clinton's 1996 entitlement reforms gave welfare
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents