Chapter 14 Reading Quiz Writing

“[The College for All Act] would provide $47 billion per year to states to eliminate undergraduate tuition and fees at public colleges and universities. Today, total tuition at public colleges and universities amounts to about $70 billion per year. Under the College for All Act, the federal government would cover 67% of this cost, while the states would be responsible for the
remaining 33% of the cost. . . .

States would be able to use funding to increase academic opportunities for students, hire new faculty, and provide professional development opportunities for professors. . . .

[This program would be] fully paid for by imposing a Robin Hood tax on Wall Street. . . . It has been estimated that this provision could raise hundreds of billions a year which could be used not only to make tuition free at public colleges and universities in this country, it could also be used to create millions of jobs and rebuild the middle class of this country.”

—Senator Bernie Sanders, Summary of College for All Act, April 2017

After reading the above, respond to A and B below:

(A) Describe the political ideology behind Senator Sanders’s proposed law.
(B) In the context of the scenario, explain how the proposed law would affect federal and state fiscal policy.

Respuesta :

A) The political ideology behind Senator Sanders proposed law is leftist, more specifically liberalism, who support a debt-free college plan. He wants to match funds for the states that want to eliminate tuition, thus providing 47 billion a year to states to get rid of undergraduate tuition and fees.

B) In the context of this scenario, the proposed law would affect federal fiscal policy in a negative way, because the federal deficit would increase. The state fiscal policy would probably tax these since they would be negatively affected as well.

Part A)

The political ideology behind Senator Sanders’s proposed law is  liberal.

Part B)

The proposed law would influence government monetary arrangement in a negative way.

Chapter 14 Reading Quiz Writing

Part A)

The political ideology behind Senator Sanders’s proposed law is :

  • The political belief system behind Congressperson Sanders proposed law is liberal, more particularly radicalism, who back a debt-free college arrange.
  • He needs to coordinate stores for the states that need to dispose of educational cost, hence giving 47 billion a year to states to urge freed of undergraduate educational cost and fees.

Part B)

The proposed law that would affect federal and state fiscal policy is :

  • Within the setting of this situation, the proposed law would influence government monetary arrangement in a negative way, since the government shortage would increment.
  • The state financial approach would likely charge these since they would be contrarily influenced as well.

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