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Home  arrow Student Resources  arrow Chapter 14: The Congress, the President, and the Budget: the Politics of Taxing and Spending   arrow Fill-in-the-Blank

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Question 1.
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are defined as "revenue losses attributable to provisions of the federal tax laws which allow a special exemption, exclusion, or deduction."  

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Question 2.
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means that the best predictor of this year's budget is last year's budget plus a little bit more.  

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Question 3.
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result from policies that make some group automatically eligible for some benefit.  

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Question 4.
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A budget occurs when expenditures exceed revenues in a fiscal year.  

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Question 5.
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An is an act of Congress that establishes a discretionary government program or an entitlement, or that continues or changes such programs.  

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Question 6.
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In 1913, the was added to the Constitution explicitly permitting Congress to levy an income tax.  

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Question 7.
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In April of each year, both houses of Congress are expected to agree on a , which binds Congress to a total expenditure level.  

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Question 8.
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Perceived perils of gigantic deficits have led to calls for a to be added to the Constitution.  

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Question 9.
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Policies that obligate Congress to pay X level of benefits to Y number of recipients are called .  

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Question 10.
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The consists of all of the money borrowed over the years that is still outstanding.  

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