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You are an advisor to the President tasked with cutting at least $300 billion from the budget

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You are an advisor to the President tasked with cutting at least $300 billion from the budget. The president wants your recommendations to cut lines, not large categories. Explain why you chose those cuts. Note: These are not true US budget numbers. Tax on carbon emissions, 40 bil Millionaire tax on income above ,50bil End tax cuts for income above 250, 000, 54 bil Return the estate tax to Clinton era, 50 mil Tax banks on their sizes, 73 bil Cut the number of nuclear warheads, 19bil Raise social security age to 68, 13 bil DOMESTIC PROGRAMS AND FOREIGN AID A) Cut some foreign aid to African countries?- $17 billion B) Eliminate farm subsidies?- $14 billion C) Cut pay of civilian federal workers by 5 percent?- $14 billion D) Reduce the overall federal workforce by 10%?- $12 billion E) Cut aid to states by 5%?- $29 billion MILITARY A) Cut the number of nuclear warheads, and end the "Star Wars" missile defense program?- $19 billion B) Reduce military to pre-Iraq War size and further reduce troops in Asia and Europe -?$25 billion C) Cancel or delay some weapons programs - $19 billion HEALTHCARE A) Enact medical malpractice reform by reducing the chances of large malpractice verdicts - $ 8 billion B) Increase the Medicare eligibility age to 68 - $ 8 billion C) Raise the Social Security retirement age to 68 - $ 13 billion EXISTING TAXES A) Return the estate tax to Clinton-era levels, passing on an estate worth more than $1 million to their heirs would have portions of those estates taxed. $ 50 billion B) End tax cuts for income above $250,000 a year $ 54 billion C) End tax cuts for income below $250,000 a year $ 172 billion D) Payroll tax increase for people making over $106,000 annually contributing more to Social Security and Medicare $ 50 billion NEW TAXES A) Institute a Millionaire's tax on income above $1 million $ 50 billion B) Add a national 5% sales tax $ 41 billion C) Add a tax on carbon emissions $ 40 billion D) Tax banks based on their sizes and the amount of risk they take $ 73 billion E) Total gap covered by your budget plan $_____299_________ Use evidence (cite sources) to support your response from assigned readings or online lessons, and at least one outside scholarly source.