Exam 2 Flashcards

1
Q

Article 1, section 9

A

No money shall be drawn from the Treasury…

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2
Q

Article 1, section 8

A

Congress shall have power to lay and collect taxes…raise and support armies (no longer than 2 years)…provide and maintain a navy.

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3
Q

Speaker of the House

A

John Boehner

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4
Q

House Minority Leader

A

Nancy “The Evil Witch” Pelosi

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5
Q

House Minority Whip

A

Steny Hoyer

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6
Q

House Majority Leader

A

Eric Cantor

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7
Q

House Majority Whip

A

Kevin McCarthy

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8
Q

Senate Majority Leader

A

Harry Reid

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9
Q

Senate Majority Whip

A

Richard Durbin

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10
Q

Senate Minority Leader

A

Mitch McConnell

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11
Q

Senate Minority Whip

A

John Cornyn

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12
Q

House and Senate Budget Committee produce:

A

Concurrent Budget Resolution

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13
Q

HASC and SASC produce:

A

National Defense Authorization Act

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14
Q

House and Senate Appropriations Committees produce:

A

Defense Appropriations Act

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15
Q

Senate Budget Committee

A

Murray and Sessions

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16
Q

House Budget Committee

A

Van Hollen and Ryan

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17
Q

HAC

A

Lowey and Rogers

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18
Q

House Defense Appropriations SC

A

Viscloski and Young

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19
Q

SAC

A

Mikulski and Cochran

20
Q

Senate Defense Appropriations SC

A

Cochran and Durbin

21
Q

SASC

A

Levin and Inhofe

22
Q

HASC

A

Smith and McKeon

23
Q

Conference Committees

A

appointed to reconcile differences b/w House and Senate versions of companion legislation

24
Q

4 steps of public budgeting

A
  1. executive preparation
  2. Legislative Consideration
  3. Executive Execution
  4. Audit and Evaluation
25
Date for President's Budget
first monday in FEB
26
Dates and participants for Concurrent Budget Resolution
1 APR for CBR 15 APR for both houses to pass House and Senate Budget Committees
27
Date for Authorization Bill
passed by congress by 1 OCT
28
Dates for Agency Execution
1 OCT - 30 SEP
29
Congressional Budget and Impoundment Control Act of 1974
established fiscal year created budget committees mandated concurrent budget resolution
30
Concurrent Budget Resolution
first formal congressional budget action in each new year sets aggregate spending and revenue totals sets functional area spending totals sets revenue floor
31
Authorization Bill
create and authorizes spending on programs | does not provide money
32
Appropriation Bills
enacts spending levels for federal programs | provides legal authority to make obligations and outlays
33
Continuing Resolution Appropriation
enables spending in the absence of enacted appropriation no new starts or applications law signed by prez
34
supplemental Appropriation
enacts funding for spending not included in current appropriation initiated by executive branch provides CY funding
35
reconciliation
changes in tax law and mandatory spending to conform to CBR
36
5 major studies of Congressional Budget Office
1. Budget and Economic Outlook 2. Analysis of the Presidents Budget Proposal 3. Cost Estimates 4. Budget Options 5. Long Term budget outlook
37
12 regular appropriations acts
1. Agriculture 2. commerce/justice/science 3. defense 4. energy and water 5. state/foreign operations 6. homeland security 7. interior and environment 8. labor/education 9. legislative branch 10. MILCON/vet affairs 11. transportation 12. financial services
38
3 types of appropriations acts
1. regular 2. continuing appropriations resolutions 3. supplemental appropriations acts
39
regular appropriations act
provides budget authority
40
continuing appropriations resolution
provides "stop gap" budget authority | specified duration and spending constraints
41
supplemental appropriations act
provides BA to cover additional or emergency expenses during a FY
42
Omnibus Appropriations Act
rolls all un-enacted appropriations into single large bill
43
Earmarks
designated funds for a specific purpose use or recipient
44
Plus-Ups
additions to defense budget requests, F-22, B-2
45
Pork
constituency based | not requested by Presidents Budget
46
proposed congressional budget reforms
``` item veto balanced budget requirement committee reorg biennial budgets automatic CR ```