1. Who ultimately provides the funds to cover the expense of forgiving the qualifying portion of U.S.-government-provided student loans?
2. How might the fact that many people who vote in national elections pay very low or even no income taxes affect the capability of the political process to reduce government budget deficits?
3. Under what circumstance would the transfer of U.S. taxpayers' funds to holder of U.S. debt residing in Japan and China constitute a "burden" on future generations of U.S. taxpayers? Explain briefly.