What is the difference between PAYGO and CUTGO?
What will be an ideal response?
PAYGO stands for pay-as-you-go, and CUTGO stands for cut-as-you-go. Under PAYGO, Congress and the president could only cut taxes or increase entitlement spending if they also offset these with tax increases or cuts to other entitlement programs. It was fairly effective at reducing the deficit and even led to a brief surplus. In contrast, CUTGO focuses only on cuts to entitlement programs, and exempts tax cuts; that is, taxes can be cut without being offsets for the lost revenue.
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What effect has the IT revolution had on voting turnout by younger Americans (aged 18–24) in the 2000–2012 presidential elections?
a. It has increased apathy and reduced young voters’ turnout. b. It has increased political knowledge and interest, sharply increasing turnout. c. It initially failed to halt falling rates of voting but seems to have contributed to higher turnouts in the 2004 and 2008 elections. d. None of the above is true.
What was the primary intention of India's successful execution of a "peaceful nuclear explosion" in 1974?
a. To win military dominance over Pakistan b. To serve as a deterrent signal to China c. To gain control over the state of Kashmir d. To gain international prestige e. To win needed military and economic concessions from the United States
The insurance industry and safety and environmental groups supported the repeal of the fifty-five-mile-per-hour speed limit
Indicate whether the statement is true or false
Discuss the circumstances that led to the development of a national energy policy in the United States.
What will be an ideal response?