Chapter 14 Questions
Chapter 14 Questions
1. Budget
2. Deficit
3. Expenditures
4. Revenues
5. Income
tax
6. 16th
amendment
7. Explain
fig 14.1
8. What
is a progressive tax
9. What
is a flat tax
10. Federal
debt
11. Government
bonds
12. Why
might our gov have taxes
13. Tax
loophole
14. Perot
loophole
15. Tax
expenditure
16. Tax
reduction
17. Put
‘America in perspective’. (Chart)
18. How
has federal budget grown?
19. How
big is US Gov. relative to western nations.
20. How
did
21. Cold
War raise budget?
22. Military
industrial complex?
23. How
have defense expenditures varied?
24. What
are large components of defense budgets?
25. Biggest
slice of budget pie?
26. Social
Security Act?
27. Medicare?
28. Payer
to payee ratio for Social Security?
29. Possible
Solutions?
30. Figure
14.5
31. What
is incrementalism?
32. Are
all budgets incremental?
33. Uncontrollable
expenditure?
34. Entitlement?
35. Budget
and Lasswell?
36. What
are the stakes?
37. What
are the strategies?
38. Who
are the players?
39. House
wasy and means committee
40. Senate
Finance Committee?
41. Budget
and Accounting Act
42. 24.
OMB
43. 25.
Power of the Purse
44. 26.
Congressional Budget and Impoundment Control act of 1974
45. 27.
CBO
46. 28.
Budget resolution
47. 29.
Reconciliation
48. 30.
Authorization Bill
49. 31.
Appropriations bill
50. 32.
Did the 1974 reforms work
51. 33.
Continuing Resolutions
52. 34.
Gramm-Rudman-Hollings
53. 35.
How does ‘democracy’ affect budget?