Final Recommendations:

 Implement Bank Tax

• From the bank tax the government positively helps solve the deficit due to the large amounts of revenue it will bring if done efficiently.The bailouts have put America in a bad situation, and the banks hold a key role in the origin of this problem. CEOs and higher ranks earn much too much money during this recession, which can be put towards solving our deficit. While there should be an even higher tax for banks who hold an even greater amount of revenue, this tax will still bring in almost enough to compensate for what has happened because of the poor system. It will also discourage big risk moves, and prevent future disaster. All in all it is a positive move to move along in the reconstruction of our economy.

• “What I say to these executives is this: Instead of sending a phalanx of lobbyists to fight this proposal or employing an army of lawyers and accountants to help evade the fee, I suggest you might want to consider simply meeting your responsibilities” - Barack Obama 

 Reject Bowles-Simpson plan

•  The Bowles-Simpsons plan fails to attack the real root of America’s fiscal problems. It focuses on the already dying social security system, which will not solve much of America's problems when it comes down to the final moves. If there were more people in the work force, payments could be made, however their is too little revenue being made. There are too many negative impacts towards the community, especially the elderly who will face a tear in their social security. It also hits at poor/middle class by raising prices in airports and gasoline. It will not make a dramatic enough effect on the budget to be considered effective, it may start to solve the deficit, but will not be enough to foresee the end.