2. Any Town, USA’s parking authority is having trouble making bond payments on its revenue-backed debt, but Any Town because the bonds aren’t backed by the city’s government (like General Obligation debt is.) What is likely to happen?
3. Lawmakers often change pension policies and benefits, but not all changes directly address the money that’s already owed. Which of the following change will help reduce a pension plan's current unfunded liability?
4. Why is the sales tax called a regressive tax?
5. When you look at your government’s budget proposal, what do you see?
7. What is a sustainable solution to fix a budget deficit?
