Players will work in teams of 4 or 5 players per team.
Objective: To learn how much the federal government collected in revenues and borrowed in fiscal year 2008 and how those funds were spent. (FY 2009: 10/1/08 - 9/30/09.)
Income Board | Spending Board |
![]() |
Preparation:
Explanation: When using the Income Boards, each bean/penny represents almost $35 billion or 1% of the 2009 federal government taxes collected and money borrowed. Figures will not be exact due to rounding. There are 60 white beans/pennies and 40 of another color because the government collected 40% less than it spent in FY2009. The income figures are represented as a percentage of outlays. FY2009 income was 60% of outlays, which is another way of saying we had an 40% deficit
Give each team a Penny Bag and an Income Board. Ask teams to distribute the 60 pennies onto the 4 tax squares of the Income Board according to where students think the taxes came from. When completed, give the correct answers as shown on the chart.
Explanation: When using the Spending Boards, each penny represents 1% or approximately $35 billion of federal spending. See the additional sheet for more details about programs that are included in each category.
Distribute the Spending Boards. Using all 100 pennies, each one representing 1% of the budget or $35 billion, have teams distribute pennies among the 9 spending categories according to where they think the government spent the money in 2009. Give the answers and have them move correct amounts onto the squares so they can visualize the comparisons.
ADDITIONAL INFORMATION
DEFICIT: The FY2009 deficit was $1,417 trillion. The 60 white beans or bare pennies represent the amount of federal taxes collected and spent in FY2009. The 40 red beans or covered pennies represent an additional amount the federal government borrowed and spent in FY2009.
TIPS: Make boards and answer sheets into overheads for use with large groups. Try this game at a meeting or have your students lead it in other classrooms.
For current information on budget related issues, visit Concord's website at: www.concordcoalition.org.