The states currently have a law in place requiring them to maintain a balanced budget. Do you believe this should be required of the federal government as well? Why, or why not? What might be the ramifications if this philosophy drove the federal budget?
Hyman, D. N. (2014). Public finance: A contemporary application of theory to policy (11th ed.). Cengage Learning. https://online.vitalsource.com/#/books/9781305474253
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