Unit III- Maryland Budget Balance & Government Debt.
Current State is Maryland.
Using your favorite search engine, locate the federal budget and your state budget for the current fiscal year.
Compare and contrast both budgets in an essay that is at least two pages in length. In your essay, discuss the prompts listed below.
The budgeting tools utilized by both government types
The impact of market inefficiencies on both government types
Use of rainy day funds by the state and whether or not something similar would work for the federal government.
If you feel it would work for the federal government, explain how you think it would work. If you do not think it will work, explain your reasoning.
Adhere to APA Style when constructing this assignment, including in-text citations and references for all sources that are used. Please note that no abstract is needed.
