Collection
Understanding Fiscal Responsibility

Teach students how to think critically about public policy using these Understanding Fiscal Responsibility lessons focusing on government institutions, programs, the Federal Reserve, Social Security, and events such as the Panic of 1893. Students become informed citizens as they consider the tradeoffs involved in setting public policy. They learn to articulate their own views by evaluating primary and secondary sources, engaging in group activities and discussions, and writing brief essays.

Lesson

Balancing the Federal Budget

ESSENTIAL DILEMMA When, if ever, should the nation prioritize balancing the…
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Credit…
See Lesson

Taxation and the National Debt

ESSENTIAL DILEMMA Is there a fair and efficient way to fund…
Key Concepts: Budget Deficit, Budget Deficits and Public Debt, Credit…
See Lesson

Medicare and the National Debt

ESSENTIAL DILEMMA Can we guarantee quality health care to the elderly…
Key Concepts: Credit, Decision Making/Cost-Benefit Analysis, Financial Markets…
See Lesson

The History of Medicare

ESSENTIAL DILEMMA Medicare 1966: President Lyndon Johnson’s “American way……
Key Concepts: Budget Deficits and Public Debt, GDP, Insurance…
See Lesson

The History of Social Security

ESSENTIAL DILEMMA: Social Security Act of 1935: Did the creation of…
Key Concepts: Balance of Trade and Balance of Payments, Business Cycles, Economic Development…
See Lesson

Rhetoric

ESSENTIAL DILEMMA Is it convincing facts or effective rhetoric that determines…
Key Concepts: Budget Deficit, Credit
See Lesson

Activity

The Fiscal Ship | Activity

Think like a president! Choose strategies to keep the federal…
Key Concepts: Budget Deficits and Public Debt, Fiscal Policy
See Activity

Video

Professional Development