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Who made the first budget proposal?

Updated: 8/16/2019
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14y ago

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the president

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14y ago
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Q: Who made the first budget proposal?
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Who does the federal budget begin with?

as a proposal by the president to Congress


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no


What is Georgia's governor's budget proposal called?

an appropriation bill


What is a Budget Proposal?

A budget proposal is an estimate of future revenues, costs, and resources for a certain period of time. It is a financial tool that is used in almost all levels of government as well as in the business world.


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the Office of Management and Budget (OMB)


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Office of Management and Budget (OMB)


What is the sequence of steps in preparing the national budget?

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Who creates the federal budget?

1. The Office of Management and Budget (OMB) prepares a budget proposal. 2. The president submits a budget proposal to Congress. 3. Congress decides on the overall level of spending and taxation and passes specific spending bills. 4. Thepresident signs the spending bills into law.


Economists have proposed the rule that the cyclically adjusted budget deficit always be balanced Compare this proposal to a strict balanced-budget rule Which is preferable?

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Which vice president authored the budget proposal Path to Prosperity?

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