If the U.S. Treasury can't borrow any more money, it's going to have to make some tough choices. We thought we'd give you a try first.
The federal government projects it will have tax revenue of $172.4 billion for the month of August, but expenses of $306.7 billion. So what programs would you fund? And what would you cut?
Make your choices below. When you are finished, click "Evaluate" to see if you were able to balance the budget.
ProgramCost (billions)
Interest on Treasury bonds $29.0
Social Security benefits $49.2
Medicare/Medicaid payments to providers (i.e. doctors, hospitals) $50.0
Defense Vendor Payments (contracts with companies like Boeing) $31.7
Unemployment Insurance Benefits $12.8
Pay for Active Duty Military $2.9
Veterans Benefits (VA hospitals, etc.) $2.9
Federal Salaries and Benefits $14.2
Pell Grants $10.4
Special education programs $3.6
Other federal education spending $6.2
Food stamps and Temp. Assistance for Needy Families (i.e. welfare) $9.3
Dept. of Labor (job training, etc.) $1.3
Dept. of Justice (FBI, federal courts, etc.) $1.4
Dept. of Energy (energy research, national nuclear programs) $3.5
Health and Human Services grants (medical research, public health) $8.1