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The budget authority, outlays, and receipts of certain Federal entities that have been excluded from budget totals under provisions of law. Most of the off-budget amount is from the Social Security trust fund, with a minor amount from Postal Service revenues.
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∙ 11y ago
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What occurs when spending equals revenue?
The answer is Balanced budget
A plan for spending saving and earning?
Spending Goals. Before you decide where your money really must go, you need to determine your goals.
What is spending deficit?
Deficit spending is the opposite of budget surplus. It means spending more money than you have - going into debt.
What is deficet spending?
Deficit spending is the opposite of budget surplus. It means spending more money than you have - going into debt.
What is the difference between uncontrollable and controllable spending?
Controllable spending is the type of spending that you decide to do. Uncontrollable spending is the type of spending that you have no choice about. Budgets are typically dominated by uncontrollable spending.
Which branch gives the OK for budget spending?
The legislative branch authorizes and appropriates funds for budget spending.
What is the primary purpose of a cash budget?
The primary purpose of a cash budget is to limit spending. A cash budget can also help people track their spending.
What can be removed from a budget if spending is higher than income?
Discretionary spending
What is the definition of budget?
To limit your spending
A is a plan for spending money.?
budget
When is a budget useful?
Budget is useful when you are running out of money and have to cut spending.
What are the steps in the federal budget process in the correct order from start to finish?
First step -The Office of Management and Budget (OMB) prepares a preliminary budget proposal for the president. -The president finalizes the budget proposal and submits it to Congress. -Congress decides on the overall level of spending and taxation and passes specific spending bills. -The president signs the spending bills into law. Final Step -Apex Learning Answer P.S. You're welcome
This national budget is an example of?
deficit spending.
What is the congressional plan for spending money?
budget
Sort the statements below into the correct order in which the federal budget is prepared.?
The president gives a proposed budget to Congress. Congress decides on the details of the budget. The president signs spending bills into law. . The Office of Management and Budget (OMB) and the president prepare a proposed budget. Congress decides on the overall level of spending and taxation and passes specific spending bills. The president signs various spending bills into law.
What is most easily be removed from a budget if spending is higher than income?
discretionary spending
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.
