Which goals are you required to meet in this situation? Check all that apply.

I cannot raise taxes.
I must cut Social Security by 20 percent.
I can increase the deficit by 10 percent.
I must shrink the budget deficit.
I cannot cut Medicare spending.
I am required to increase military spending by 20 percent.

1 answer

Based on the constraints you've provided, the goals that apply in this situation would depend on your specific priorities and requirements. Here are the implications of each goal listed:

  1. I cannot raise taxes. - This would limit your ability to generate additional revenue.

  2. I must cut Social Security by 20 percent. - This would mean a reduction in benefits for Social Security recipients, impacting many individuals.

  3. I can increase the deficit by 10 percent. - This might provide some leeway to fund programs or maintain spending without immediate cuts, but it does increase long-term financial obligations.

  4. I must shrink the budget deficit. - This would require finding ways to reduce spending or increase revenue without raising taxes.

  5. I cannot cut Medicare spending. - This would restrict options for reducing budget outlays in a significant area of healthcare.

  6. I am required to increase military spending by 20 percent. - This would necessitate finding funding sources or cutting other areas of the budget to accommodate this increase.

In conclusion, your goals in this situation would likely include:

  • I must shrink the budget deficit.
  • I must cut Social Security by 20 percent.
  • I cannot cut Medicare spending. (This remains a restriction.)
  • I am required to increase military spending by 20 percent.

You would need to balance these competing demands carefully, considering the implications on social welfare and overall fiscal responsibility.