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AP Gov

THE FEDERAL BUDGET - Key Terms (4 of 88)

This policy involves regulating the money supply, controlling inflation, and adjusting interest rates. It is controlled by the Federal Reserve Board. MONETARY POLICY
Raising and lowering taxes and government spending programs. This policy is controlled by the executive and legislative branches. FISCAL POLICY
A government-sponsored program that provides mandated benefits to those who meet eligility requirements. Social Security and Medicare are the government's larges type of this program. ENTITLEMENT PROGRAM
Responsible for preparing the budget that the president submits to Congress. OFFICE OF MANAGMENT AND BUDGET (OMB)
Created by: devin12