Budgeting Assignment Instructions

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Budgeting AssignmentInstructions
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Assign Budgeting today

• The following budgeting exercise, due on the
  budgeting class in a week and a half, will give
  you some exercise making tough decisions, policy
  tradeoffs, similar to, but different from
  conundrums of helping.

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Social Security Simulation

• 1. Download Excel Simulator from website, save
  the file as your name SS assign date
• 2. Set the parameters as they currently are
  within social security policy. print out the
  sheet and the charts at the bottom
• 3. Try two of the proposed reforms and reflect on
  some of the social impacts of each (1 paragraph
  each). (hand in all 3 printouts)

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• The Problem with changing demographics and the
  proposed solutions.
• See excel spreadsheet
• http//webserver.lemoyne.edu/ridzifm/

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ReviewProposals For Social Security Reform

• 1. Increase the retirement Age
• 2.Expand social security taxes to all incomes
  (remove the cap at the maximum level of 80,400)
• 3. Decrease benefits.
• 4. Increase Taxes
• 5. Privatizeetc.