Charter Schools

1. Which state passed the first laws allowing charter schools in what year? a.    California, 1985 b.   Minnesota, 1991 c.   Oregon, 1995 2. New Orleans is the only city in the U.S. where the majority of students attend charter schools. a.   True b.   False 3. According to the Center for Education Reform, charter schools receive about _____of the amount per student that public schools receive from the state. a.   35 percent b.   52 percent c.   61 percent 4. Currently, which states allow for-profit companies to manage charter schools? a.   California, Massachusetts, Ohio and Texas b.   Arizona, California, Michigan and Wisconsin c.   Arizona, Oregon, North Carolina and Texas 5. According to the National Alliance of Public Charter Schools, less than ______of all charter schools are run by for-profit companies. a.   13 percent b.   19 percent c.   22 percent

Debt Ceiling

1. As of July 31, 2017, the United States federal government’s total debt was _________, according to the U.S. Treasury Department. a.    $11.43 trillion b.   $15.59 trillion c.   $19.84 trillion 2. Congress has voted to raise the debt ceiling ____ times in the last 53 years. a.    33 b.   51 c.   74 3. Moody’s, the credit ratings agency, has suggested that the U.S. should eliminate the debt ceiling to reduce uncertainty for bond holders. a.    True b.   False 4. As of June 2017, China held about ___ of the United States’ total debt, making China the top foreign holder of U.S. Treasury securities. a.    5.8 percent b.   8.3 percent c.   9.7 percent 5. Four health insurance programs — Medicare, Medicaid, Children’s Health Insurance Program and ACA (Obamacare) marketplace subsidies —accounted for ___of the federal budget in 2016. a.    15 percent b.    20 percent c.    26 percent