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Fiscal conservatism is the belief that government should not have large debts, and that government programs should not be paid for on borrowed money. How could both Democrats and Republicans be considered fiscally conservative?

Republicans—spending money on new programs. Democrats—tax cuts for the wealthy
Republicans—cutting government programs. Democrats—raising taxes on the wealthy
Republicans—raising taxes on the wealthy. Democrats—cutting existing government programs
Republicans—tax cuts for the wealthy. Democrats—funding new programs

Respuesta :

Republicans—cutting government programs. Democrats—raising taxes on the wealthy

The correct answer is B. Republicans—cutting government programs. Democrats—raising taxes on the wealthy

Explanation:

In the politics of the U.S. and during its history, the two political parties have been and are the Republican and the Democrat party, each one with their own features. In general terms, the Republicans are conservative, believe the state should not intervene on market and support the individual over the community. On the other hand, Democrats are left-leaning, support the intervention of the state and support government and other programs that help the community.

Similarly, in terms of taxes and economy and therefore in terms of fiscal conservatism both parties are quite different, while Democrats believe people with more income or wealthy people should have higher taxes and the military fund should be decreased to fund programs and avoid borrowing money. Republicans believe this can be achieved this is to stop funding government programs because they do not support this type of programs. Considering this, it can be concluded both Democrats and Republicans can be considered fiscally conservative as Republicans support cutting government programs to avoid government debts and Democrats believe the way to do this is raising taxes on the wealthy.

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