The annual association meeting of the US Mining Industry will take place soon. You have been asked to present a report regarding the current status of the federal budget and fiscal policies in place in the United States. For your presentation, write a report (in essay form) in which you consider and explain how the current status of the federal budget and fiscal policy will impact the mining industry over the next 2 years, using economic theory to support the conclusions you draw.
Do not write your report based just on textbook theoryaddress current policy and how it will impact the mining industry, based on theory.
Address the following in your report as appropriate:
expansionary and contractionary fiscal policy, fiscal policies used to close a recessionary gap and an expansionary gap, and the rationale for budget deficits.
Your report must be a minimum of four pages (1,000 words, double-spaced).
Adhere to APA Style when creating citations and references for this assignment. APA formatting, however, is not necessary.
The United States Government Publishing Office website is a helpful website for finding information for this assignment