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Please help me with my homework in Social about "Budget Planning".?

We have this homework in Social, and we have to budget plan. In this assignment, we are going to be a Finance Minister. Our task is to take last year's budget and decide how we are going to eliminate our 2.2 billion dollar deficit. We will need to justify our cuts and predict any problems that might arise as a result of our cuts. So here is the last year's budget: ................................................................................................................................................ Spending Area Actual Spending (billions $) Health Care(money for hospitals, nurses, doctors,etc.) 5.4 Education(money for basic education K-12, teachers, schools, etc) 4.3 Secondary Education (money for universities, colleges, trade schools,etc.) 2.1 Industrial Development(money to help new businesses start, expand current etc.) 1.6 Community Improvement Grants (money to communities develop parks, roads, etc.) 1.5 Social Assistance(welfare for citizens in need) 1.4 Canada Pension Plan (money to support the retired, and elderly,etc) 1.4 Community Safety Grants (money for police, and fire protections services,etc.) 1.4 Recreation Grants (money for our national parks,tourism support etc.) 1.3 Crown Corporation Subsidies (money for government owned business that are losing money) 1.3 Corporate Subsidies (assistance money for businesses that are struggling etc.) 1.2 Family Allowance (monthly money to support families and their children) 1.1 Contingency Fund (money set aside for emergencies, or new spending areas) 1.0 Military (money for our military personnel and equipment etc.) 0.5 Foreign Aid (money spent to support assistance projects in poor nations of the world) 0.5 ........................................................................................................................................... We also have to discuss the impact of our cuts. What must be some of the results of our decisions? Who is going to be happy and who is going to be mad? And we have to explain. I'm so sorry that I got you involved in my homework. You must be thinking that I should do my own homework. But i'm not good with these kinds of stuff. I'm not good at budgeting and government. I was working on this for 2 weeks already but i still didn't get a work done. And this is due tomorrow! :( I tried asking my teacher, she did help me a bit, but it wasn't enough, and i was kind of shy. I really need help from someone. Please help me with this homework. If you don't want to give away any answers or stuff like that, just give me opinions that would help me. But please, i really need your help. Thank you soooo much!

Asked By: - 10/5/2011
Best Answer - Chosen by Asker
just pick something(s) that add up to 2.2b and tell why you would cut them... More
Answered By: SumDude - 10/5/2011
Additional Answers (0)
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