1 .		Americans want Congress and the president to balance the budget, maintain or increase the level of government spending on most policies, and keep taxes low. [Hint]  True  False
2 .		Corporate income taxes yield more revenues than individual income taxes. [Hint]  True  False
3 .		Government borrows money primarily for its capital needs, much like individuals borrow money when they buy a house. [Hint]  True  False
4 .		The federal government does not have a capital budget to use on items that will serve for the long term. [Hint]  True  False
5 .		Tax loopholes cost the federal treasury huge amounts of money every year. [Hint]  True  False
6 .		Tax expenditures directly benefit middle- and upper-income taxpayers and corporations the most. [Hint]  True  False
7 .		President Reagan's 1981 tax cut saved many thousands of dollars on taxes for lower-income families. [Hint]  True  False
8 .		Relative to the size of the gross domestic product, America has one of the smallest public sectors in the developed world. [Hint]  True  False
9 .		Defense expenditures in the 1990s increased dramatically in response to growing international terrorism and regional conflicts. [Hint]  True  False
10 .		Social Security acts like an insurance program; the money put in while you work remains untouched until you retire. [Hint]  True  False
11 .		Members of Congress must review the budget from scratch every year. [Hint]  True  False
12 .		Fully two-thirds of the federal budget is uncontrollable. [Hint]  True  False
13 .		An appropriations bill actually funds programs, within limits established by authorizations, for the lifetime of the specific program. [Hint]  True  False
14 .		The 1990 budget law resulted in significantly reducing the deficit. [Hint]  True  False
15 .		Almost all democracies have seen a substantial growth in government in the twentieth century. [Hint]  True  False