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Spending Policy

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Question
Answer
show General Accounting Office  
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show Appropriations bill  
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Binds Congress to a total expenditure level, supposedly the bottom line of all federal spending for all programs   show
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Phrase coined by President Eisenhower to characterize the close relationship between the Pentagon and defense industry   show
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show Congressional Budget Office  
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show Medicare  
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show Authorization bill  
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Automatic across-the-board spending cuts mandated by the Gramm-Rudman-Hollings bill if Congress couldn't meet the deficit goals   show
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show Congressional Budget and Impoundment Control Act  
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Committee that approves funding programs within limits established by authorization bills   show
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show Omnibus spending bills  
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show Society  
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show Social Security Act  
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show "Pay as you go"  
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Senate committee that writes the tax code   show
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show Entitlements  
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Executive agency responsible for creating the President's budget proposal   show
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House committee that writes the tax code   show
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Mandated maximum allowable deficit for each year for eight years until there was supposed to be a balanced budget   show
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This allows agencies to spend at the level of the previous year when Congress cannot reach agreement and pass appropriations bills   show
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show Incrementalism  
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The total market value of all final goods and services produced within a country   show
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show Mandatory spending  
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show Reconciliation  
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Created by: betsynewmark