Write a paper on the pros and cons of a balanced budget at the federal level.

Week three paper topic: Although economists disagree on the impacts of deficits, they have become a major policy issue. Balanced budgets, although a rarity at the national level, are more common among the individual states. Balanced budgets are perceived by some as effective management and restraint on the government, as well as lessening the burden on future generations. Write a paper on the pros and cons of a balanced budget at the federal level.

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