As August 2nd approaches and the federal government gets closer and closer to the possibility of defaulting on its debt, I’m sure there are many people out there who believe they could contribute a few of their own ideas to Congress and President Obama to aid in creating an improved national budget.

This week’s Highlighted Site Of The Week allows you to create your own national budget, giving you complete control over taxes and government spending. BudgetHero gives all the power to the player to decide if spending will be increased or cut on controversial programs such as defense, Social Security, and health care as well as to increase or decrease taxes on a number of different sources.

Each issue is represented by a card that includes a brief description of the policy change, the pros and cons of making the change, the impact on the nation it would have, and the 10 year impact it would have on the budget. Whether you are serious about creating a balanced budget or just experimenting with different possibilities, this game is a fantastic way of breaking the partisan barriers and seeing the difficulties that exist in deciding how the nation’s money should be spent.

I went through the game and created my own custom budget thinking I made enough cuts while keeping what I consider the important programs only to see that the government would still go broke by 2032. I suppose it’s a good thing the fate of the nation doesn’t rest in my hands.

This article from the Washington Post tells more about the game as well as about an upgrade to BudgetHero 2.0. Enjoy!

Everyone have a great weekend!