The Budget

Description

Flashcards on The Budget , created by Tania Tait on 22/04/2019.
Tania Tait
Created by Tania Tait
Tania Tait
Created by Tania Tait over 7 years ago
11
1

Resource summary

Question Answer
Uncontrollable An expenditure required by law or resulting from a previous budgetary commitment
The Budget Process -Every agency puts in a bond request -A new budget is not made each year -Goes up in the department then to the president and OMB -OMB sends to Congress and it's broken down through appropriations committees
Earmarks Funds that an appropriations bill designates for specific projects with a state or congressional district
Entitlements Government program guaranteeing access to some benefit by members of a specific group Based on established rights or by legislation
Show full summary Hide full summary

Similar