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Chapter 14 Congress
Name that term
Term | Answers |
---|---|
Budget | A policy document allocating burdens and benefits |
Federal Debt | All of the money borrowed over the years and still outstanding |
Social Security Act 1935 | This was intended to provide a minimal level of sustenance to older American |
Tax expenditures | (loopholes or breaks) revenue losses attributed to provisions of the fed'l tax laws that allow a special exemtion, exclusion, or deduction |
Incrementalism | Best predictor of this years budget is last years, plus a little bit more |
Uncontrollable Expenditures | result from policies that make some groups automatically eligible for some benefit (aka an entitlement) |
Congressional Budget Office | created by congressional budget and impoundment act of 1974. agency advises congress on the probable consequences of its budget decisions |
Vote on budget Resolutions | occurs in congress every april |
Appropriations bill | act of congress that funds programs within limits established by authorization bills |
Continuing Resolutions | allow agencies to spend at the previous years level |