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AP Gov Unit 4B Vocab

TermDefinition
Budget deficit results when federal expenditures exceed federal revenues for a one-year period
Bureaucracy departments, agencies, bureaus, and commissions in the executive branch of government
Deficit spending the federal government's practice of spending more money than it takes in as revenues
Deregulation elimination of federal regulations on private companies
Entitlements federal benefit payments to which recipients have a legal right (E.g., Social Security) Also known as uncontrollables
Fiscal policy taxing and spending policies
Impoundment refusal of a President to spend money that has been appropriated by Congress
Means testing requiring that those who receive federal benefits show a need for them
Merit system system of hiring federal workers based upon competitive exams
Monetary policy Federal Reserve Board's regulation of the supply of money in circulation
National debt total debt owed by the federal government due to past borrowing. Also known as the public debt
Patronage power to appoint loyal party members to federal positions
Political appointees those who have received presidential appointments to office. Contrast with Civil Service employees, who receive federal jobs by competitive exams
Red tape complex rules and procedures required by bureaucratic agencies
Spoils system the practice of a political party giving public office to its supporters
Created by: victoriaames
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