Question: Using the US Budget Spreadsheet, update the fields. What happens to Federal Debt if we lower interest rates to 1% from 2019 forward? AutoSave Off
Using the US Budget Spreadsheet, update the fields. What happens to Federal Debt if we lower interest rates to 1% from 2019 forward?

AutoSave Off be US_BUDGET Search Margaret Grant-Wooden MG File Home Insert Draw Page Layout Formulas Data Review View Help Share Comments SUM X fx =Q10-Q25-261-263 O J K L M N S T U V w Q 2024 R 2025 2017 2018 2019 2020 2021 2022 2026 2027 2029 2030 111.65 41.72 27.30 115.00 42.97 28.11 43.92 118.45 44.26 28.96 122.01 45.58 29.83 46.60 o 997.09 154.55 57.74 37.78 59.03 42.64 45.24 2028 145.68 54.43 35.61 55.64 1,190.58 877.04 239.08 2003 20.02 133.30 42.80 38.70 51.80 835.00 599.00 179.30 12.90 43.80 0720 397.30 po 304.90 4.50 41.90 50.50 40.20 32.60 7.60 912.48 672.18 183.24 15.35 41.72 968.05 713.11 194.40 16.28 734.51 939.85 692.34 188.73 15.81 42.97 ce 375.03 137.32 51.30 33.57 52.44 1,122.23 826.69 225.36 18.87 51.30 447.80 339.62 22.04 47.50 60.68 150.05 56.06 36.68 57.31 1,226.29 903.35 WS 246.26 20.63 56.06 108.40 40.50 26.50 41.40 or ) 885.90 652.60 177.90 w 14.90 40.50 ra 353.50 268.10 37.50 47.90 41.50 34.30 7.20 91.80 52.40 44.26 200.23 16.77 45.58 202 397.87 40 301.75 42.21 53.91 54.43 141.44 52.84 34.58 54.02 1,155.90 851.49 232.12 19.44 52.84 2 461.24 349.81 48.93 62.50 54.15 44.75 9.39 119.84 284.43 475.07 360.30 50.40 64.37 364.11 276.14 38.63 49.34 42.75 35.33 7.42 94.60 489.33 371.11 51.91 66.30 57.45 47.48 9.97 39.78 50.82 44.03 36.39 7.64 97.44 P 2023 125.67 46.95 30.72 47.99 1,027.00 756.54 206.23 17.27 46.95 409.80 2.00 310.80 43.47 55.53 48.11 39.76 8.35 106.47 60.75 21.56 27.24 11.94 133.08 21.79 38.84 (2.20) 12.40 7.65 13.68 26.78 9.39 4.75 1,910.88 5,336.68 1,029.54 29 DISCRETIONARY SPENDING (These can be change 2016 30 Education 138.80 31 Pre primary thru secondary education 46.00 32 Tertiary education 40.90 33 Education not definable by level 51.90 34 Defense 822.70 35 Military defense 592.00 36 Veterans 178.30 37 1900 Foreign Military aid 12.80 38 Foreign economic aid 39.60 39 Welfare 19 20 402.20 40 Family and children 307.20 41 Unemployment 43.70 42 Housing 51.30 soto 43 Protection 39.70 44 Police services 32.10 45 Prisons 7.60 46 Transportation 107.20 47 General Government 49.50 48 Executive and legislative organs, financ 19.30 49 Law courts 21.50 General services 8.70 51 Other Spending 123.70 52 Basic research 18.60 53 Agriculture, forestry, fishing and hunti 32.90 54 Fuel and energy (4.10) 55 Economic affairs 17.50 56 Pollution abatement 9.50 57 Protection of biodiversity and landscape 14.80 58 Community development 20.70 59 Water supply 8.10 60 Recreational and sporting services 5.70 61 Total Discretionary Spending 1,683.80 62 Total Spending 3,976.70 63 Interest (Cost of Financing NATIONAL DEBT) 687.71 64 65 Federal Debt/Surplus (Parenthesis Represents (598.21) 66 67 Gross Public Debt or Surplus 21,025.41 68 69 US_BUDGET Budget No Color Not Locked 1,263.08 930.45 253.64 21.24 57.74 20 504.01 382.25 53.47 68.29 59.17 48.90 10.27 130.95 386.28 292.96 40.98 52.34 ra 45.35 37.48 7.87 100.36 57.26 20.32 25.68 11.26 125.45 20.54 36.61 108.10 133.32 49.81 32.59 50.92 1,089.55 802.62 218.79 18.33 49.81 2 434.76 329.73 2.1 46.12 58.91 51.04 42.18 8.86 112.96 64.45 22.88 28.90 12.67 141.19 23.12 41.20 (2.34) 13.16 8.12 14.51 28.41 9.96 5.04 2,027.26 129.44 48.36 31.64 49.43 1,057.81 779.24 212.42 17.79 48.36 422.10 320.13 US 44.78 57.20 49.55 40.96 8.60 109.67 62.57 22.21 28.06 12.30 137.08 22.45 40.00 (2.27) 12.78 7.88 14.09 27.58 9.67 4.90 1,968.21 5,720.21 1,091.131 46.71 38.60 8.10 103.37 58.98 20.931 26.45 11.59 129.21 52.80 19.40 23.00 10.40 18.60 23.50 10.30 68.37 24.27 30.66 13.44 53.97 19.16 24.21 10.61 118.24 19.36 34.51 (1.96) 11.02 50 55.59 19.73 24.93 10.93 121.79 19.94 35.54 (2.02) 11.35 114.80 55.77 46.10 9.68 123.43 70.42 25.00 31.58 13.84 154.28 25.27 45.02 (2.55) 18.80 33.50 (1.90) 10.70 52.57 43.45 9.12 116.35 66.38 23.56 29.77 13.05 145.43 23.82 42.44 (2.41) ) 13.55 8.36 14.95 29.26 10.26 5.19 2,088.07 6,449.27 1,247.20 (2.08) 123.80 18.30 33.50 1.70 15.50 7.90 15.50 18.90 7.60 4.90 1,690.50 11.69 127.13 72.53 25.75 32.53 14.26 158.91 26.02 46.37 (2.63) 14.81 9.14 16.33 31.98 11.21 5.68 2,281.69 7,272.69 1,609.52 6.60 6.80 74.71 26.52 33.51 14.69 163.68 26.80 47.76 (2.71) 15.26 9.41 16.82 32.94 11.55 5.85 2,350.15 8,055.95 1,829.08 7.00 7.21 14.38 8.87 15.86 11.80 12.15 149.79 24.53 43.71 (2.48) 13.96 8.61 15.40 30.14 10.57 5.35 2,150.72 6,364.72 1,337.89 21.16 37.70 (2.14) 12.04 7.43 13.28 26.00 9.12 4.61 1,855.23 5,050.63 915.49 23.10 23.79 12.52 24.51 8.59 4.35 1,748.73 8.34 4.22 12.89 25.24 8.85 4.48 1,801.19 4,636.39 819.68 8.10 4.10 1,648.30 3,830.70 743.78 31.04 10.89 5.51 2,215.24 6,730.74 1,508.90 1,697.80 4,008.80 663.46 3,997.80 721.56 4,311.83 736.51 6,167.36 1,162.80 (482.36) (607.48) (546.57) (757.63) (993.74) (1,325.29) (1,539.76) =Q10-Q25-261-263 (2,267.36) (2,056.33) (2,367.51) (2,775.20) (3,533.73) 21,507.77 22,115.25 22,661.82 23,419.45 24,413.19 25,738.48 27,278.24 29,070.06 31,179.92 33,447.27 35,503.60 37,871.12 40,646.32 44,180.05 + Edit El + 100% AutoSave Off be US_BUDGET Search Margaret Grant-Wooden MG File Home Insert Draw Page Layout Formulas Data Review View Help Share Comments SUM X fx =Q10-Q25-261-263 O J K L M N S T U V w Q 2024 R 2025 2017 2018 2019 2020 2021 2022 2026 2027 2029 2030 111.65 41.72 27.30 115.00 42.97 28.11 43.92 118.45 44.26 28.96 122.01 45.58 29.83 46.60 o 997.09 154.55 57.74 37.78 59.03 42.64 45.24 2028 145.68 54.43 35.61 55.64 1,190.58 877.04 239.08 2003 20.02 133.30 42.80 38.70 51.80 835.00 599.00 179.30 12.90 43.80 0720 397.30 po 304.90 4.50 41.90 50.50 40.20 32.60 7.60 912.48 672.18 183.24 15.35 41.72 968.05 713.11 194.40 16.28 734.51 939.85 692.34 188.73 15.81 42.97 ce 375.03 137.32 51.30 33.57 52.44 1,122.23 826.69 225.36 18.87 51.30 447.80 339.62 22.04 47.50 60.68 150.05 56.06 36.68 57.31 1,226.29 903.35 WS 246.26 20.63 56.06 108.40 40.50 26.50 41.40 or ) 885.90 652.60 177.90 w 14.90 40.50 ra 353.50 268.10 37.50 47.90 41.50 34.30 7.20 91.80 52.40 44.26 200.23 16.77 45.58 202 397.87 40 301.75 42.21 53.91 54.43 141.44 52.84 34.58 54.02 1,155.90 851.49 232.12 19.44 52.84 2 461.24 349.81 48.93 62.50 54.15 44.75 9.39 119.84 284.43 475.07 360.30 50.40 64.37 364.11 276.14 38.63 49.34 42.75 35.33 7.42 94.60 489.33 371.11 51.91 66.30 57.45 47.48 9.97 39.78 50.82 44.03 36.39 7.64 97.44 P 2023 125.67 46.95 30.72 47.99 1,027.00 756.54 206.23 17.27 46.95 409.80 2.00 310.80 43.47 55.53 48.11 39.76 8.35 106.47 60.75 21.56 27.24 11.94 133.08 21.79 38.84 (2.20) 12.40 7.65 13.68 26.78 9.39 4.75 1,910.88 5,336.68 1,029.54 29 DISCRETIONARY SPENDING (These can be change 2016 30 Education 138.80 31 Pre primary thru secondary education 46.00 32 Tertiary education 40.90 33 Education not definable by level 51.90 34 Defense 822.70 35 Military defense 592.00 36 Veterans 178.30 37 1900 Foreign Military aid 12.80 38 Foreign economic aid 39.60 39 Welfare 19 20 402.20 40 Family and children 307.20 41 Unemployment 43.70 42 Housing 51.30 soto 43 Protection 39.70 44 Police services 32.10 45 Prisons 7.60 46 Transportation 107.20 47 General Government 49.50 48 Executive and legislative organs, financ 19.30 49 Law courts 21.50 General services 8.70 51 Other Spending 123.70 52 Basic research 18.60 53 Agriculture, forestry, fishing and hunti 32.90 54 Fuel and energy (4.10) 55 Economic affairs 17.50 56 Pollution abatement 9.50 57 Protection of biodiversity and landscape 14.80 58 Community development 20.70 59 Water supply 8.10 60 Recreational and sporting services 5.70 61 Total Discretionary Spending 1,683.80 62 Total Spending 3,976.70 63 Interest (Cost of Financing NATIONAL DEBT) 687.71 64 65 Federal Debt/Surplus (Parenthesis Represents (598.21) 66 67 Gross Public Debt or Surplus 21,025.41 68 69 US_BUDGET Budget No Color Not Locked 1,263.08 930.45 253.64 21.24 57.74 20 504.01 382.25 53.47 68.29 59.17 48.90 10.27 130.95 386.28 292.96 40.98 52.34 ra 45.35 37.48 7.87 100.36 57.26 20.32 25.68 11.26 125.45 20.54 36.61 108.10 133.32 49.81 32.59 50.92 1,089.55 802.62 218.79 18.33 49.81 2 434.76 329.73 2.1 46.12 58.91 51.04 42.18 8.86 112.96 64.45 22.88 28.90 12.67 141.19 23.12 41.20 (2.34) 13.16 8.12 14.51 28.41 9.96 5.04 2,027.26 129.44 48.36 31.64 49.43 1,057.81 779.24 212.42 17.79 48.36 422.10 320.13 US 44.78 57.20 49.55 40.96 8.60 109.67 62.57 22.21 28.06 12.30 137.08 22.45 40.00 (2.27) 12.78 7.88 14.09 27.58 9.67 4.90 1,968.21 5,720.21 1,091.131 46.71 38.60 8.10 103.37 58.98 20.931 26.45 11.59 129.21 52.80 19.40 23.00 10.40 18.60 23.50 10.30 68.37 24.27 30.66 13.44 53.97 19.16 24.21 10.61 118.24 19.36 34.51 (1.96) 11.02 50 55.59 19.73 24.93 10.93 121.79 19.94 35.54 (2.02) 11.35 114.80 55.77 46.10 9.68 123.43 70.42 25.00 31.58 13.84 154.28 25.27 45.02 (2.55) 18.80 33.50 (1.90) 10.70 52.57 43.45 9.12 116.35 66.38 23.56 29.77 13.05 145.43 23.82 42.44 (2.41) ) 13.55 8.36 14.95 29.26 10.26 5.19 2,088.07 6,449.27 1,247.20 (2.08) 123.80 18.30 33.50 1.70 15.50 7.90 15.50 18.90 7.60 4.90 1,690.50 11.69 127.13 72.53 25.75 32.53 14.26 158.91 26.02 46.37 (2.63) 14.81 9.14 16.33 31.98 11.21 5.68 2,281.69 7,272.69 1,609.52 6.60 6.80 74.71 26.52 33.51 14.69 163.68 26.80 47.76 (2.71) 15.26 9.41 16.82 32.94 11.55 5.85 2,350.15 8,055.95 1,829.08 7.00 7.21 14.38 8.87 15.86 11.80 12.15 149.79 24.53 43.71 (2.48) 13.96 8.61 15.40 30.14 10.57 5.35 2,150.72 6,364.72 1,337.89 21.16 37.70 (2.14) 12.04 7.43 13.28 26.00 9.12 4.61 1,855.23 5,050.63 915.49 23.10 23.79 12.52 24.51 8.59 4.35 1,748.73 8.34 4.22 12.89 25.24 8.85 4.48 1,801.19 4,636.39 819.68 8.10 4.10 1,648.30 3,830.70 743.78 31.04 10.89 5.51 2,215.24 6,730.74 1,508.90 1,697.80 4,008.80 663.46 3,997.80 721.56 4,311.83 736.51 6,167.36 1,162.80 (482.36) (607.48) (546.57) (757.63) (993.74) (1,325.29) (1,539.76) =Q10-Q25-261-263 (2,267.36) (2,056.33) (2,367.51) (2,775.20) (3,533.73) 21,507.77 22,115.25 22,661.82 23,419.45 24,413.19 25,738.48 27,278.24 29,070.06 31,179.92 33,447.27 35,503.60 37,871.12 40,646.32 44,180.05 + Edit El + 100%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
