Name that term

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Term
Answers
Budget  A policy document allocating burdens and benefits  
Federal Debt  All of the money borrowed over the years and still outstanding  
Social Security Act 1935  This was intended to provide a minimal level of sustenance to older American  
Tax expenditures  (loopholes or breaks) revenue losses attributed to provisions of the fed'l tax laws that allow a special exemtion, exclusion, or deduction  
Incrementalism  Best predictor of this years budget is last years, plus a little bit more  
Uncontrollable Expenditures  result from policies that make some groups automatically eligible for some benefit (aka an entitlement)  
Congressional Budget Office  created by congressional budget and impoundment act of 1974. agency advises congress on the probable consequences of its budget decisions  
Vote on budget Resolutions  occurs in congress every april  
Appropriations bill  act of congress that funds programs within limits established by authorization bills  
Continuing Resolutions  allow agencies to spend at the previous years level  


   

 
 

 
 

 

 
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