Read the passage. "Meeting the spending targets in this budget meant some very difficult choices." President Barack Obama, 2012 Budget Message of the President What did the president mean when he said he had to face “very difficult choices” when creating a federal budget?
Answer
A
deciding which country to borrow from to finance spending
B
deciding how to keep interest rates low on the national debt
C
deciding how much to increase tax rates
D
deciding what would be funded and what would be cut
Explanation
A federal budget sets priorities for how public money will be spent. Meeting spending targets can require choosing which programs and services receive funding and which must be reduced or cut. That is why the president described the choices as difficult; the correct choice is deciding what would be funded and what would be cut.
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