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Course Description

The current federal budget is $5 trillion, and the federal debt is $23 trillion (that's $110,000 per US adult) and growing. What we don't know, we can't change. Would you write a check every day without knowing what you are buying??? This course is an examination of what makes up the federal budget, including North Carolina-related resources, and the impact of the increasing federal debt on current and future choices. The course objective is to "simplify" the federal budget and provide an understanding of the timing and type of decisions that go into creating it and who makes those decisions, including discussing trade-offs and IOUs, what “balance the budget” means, choices and their impacts (e.g., Medicare), and what happens when the unexpected occurs (e.g., hurricanes, pandemic flu, stock market crash). The course will be interactive, and participants will get to "decide" on proposed budget actions to send to DC to determine if we can "have our cake and eat it too.” | Lecture (plus questions); Facilitated discussion

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