What are the two or more political views on the budget, Microeconomics

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What are the two or more political views on the budget

Question: 1. What are the two (or more) political views on the budget deficit/debt?

2. Describe some of the recent political/economic battles over the government budget currently and in recent years (e.g. fiscal cliff, sequestration, debt ceiling, government shutdown) that help you highlight the different viewpoints on the budget situation.

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Microeconomics: What are the two or more political views on the budget

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Microeconomics: What are the two or more political views on the budget

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