Using your favorite search engine, locate the federal budget and the state of South Carolina 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, please explain how you think it would work. If you do not think it will work, please 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.
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