Chapter 16 Flashcards
1
Q
public policy that advocates that the federal budget spend as much money as it receives, attempt made to pass a constitutional amendment mandating this policy failed
A
balanced budget
2
Q
set up by the Congress, this office evaluates the cost of legislative proposals
A
Congressional Budget Office
3
Q
emergency spending legislation that prevents the shutdown of any department simply because its budget has not been enacted
A
continuing resolution
4
Q
the government’s meeting budgetary expenses by borrowing more money than it can pay back
A
deficit spending
5
Q
money paid directly to the government in the form of income taxes
A
direct tax
6
Q
money paid to the government as a result of purchased goods
A
indirect tax
