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What is the federal budget deficit for 2009?
The federal budget deficit for the fiscal year 2009 was approximately $1.4 trillion. This marked one of the largest deficits in U.S. history, primarily driven by the economic recession and increased government spending aimed at stimulating the economy. The deficit was a result of falling tax revenues coupled with rising expenditures, including bailouts and stimulus measures.
What are the examples of limiting expenditures within one's budget?
ahmm.... limit it.. to budget your answer.. ``THAT'S ALL THANK YOU ``
What is meant by limiting expenditures within one's budget?
It means don't spend money you don't have.
Where is the majority of federal tax money spent in the US?
The 2014 federal budget shows that the largest parts of the budget were allotted to Social Security and Healthcare Costs with each accounting for 24% of the budget each. There are many different charts and budgets shown on the internet which are false to promote one political view or another one. This is the correct figures.
Writes the final federal budget?
The House and Senate Appropriations Committees, as well as twelve other subcommittees, write the final federal budget. The President is the one that signs the budget or vetoes it.
What are budget variances?
Budget variances are differences in expenditures from your original budgeted plan. This may happen if there is an expense during the month that one may not have planned for such as an automotive repair or doctor's bill.
How long does it take the federal government to prepare a budget?
It takes one year for the federal government to prepare a budget.
Where can one find on the internet the federal budget?
Enter 'Feberal Budget' in Google.Budget of the United States Government: Main Page
What set of powers gives the president a role in creating a federal budget?
The president's only role in creating a federal budget is an advisory one. He sends Congress his proposed budget. It is only his suggestion. He does have considerable control over how quickly federal funds are spent and so can affect the deficit with his spending policies .
What set of power gives the president a role in creating the federal budget?
The president's only role in creating a federal budget is an advisory one. He sends Congress his proposed budget. It is only his suggestion. He does have considerable control over how quickly federal funds are spent and so can affect the deficit with his spending policies .
What are the democratic view on federal budget?
Belief is a difficult attitude to evaluate. When it comes to the federal budget Democrats probably believe as much as Republicans or independents. A budget is a political document. It reflects the goals and aspirations of the people who develop that document. Those people, whether Democrats or Republicans, are motivated by the different constituencies that support the various goals of the budget. Basic governmental budgeting is a hodge-podge of competing elements. Revenue, Expenditures and Deficit or Surplus makes up the large portions of the budget. Democrats believe that revenue should be allocated fairly in the economy. Democrats believe that expenditures should be focused on problem solving and different practical missions as well as providing resources to mend holes in the economic fabric of the country. Democrats believe that surpluses should be returned to the revenue producers, but not so much as to create great debt. Republicans believe that the economic fabric of the nation is whole and without systemic aberrations, except those caused by government interference. They don't believe government is a problem solver only a problem maker. They know that deficits are monies that we owe to ourselves and reducing revenue is one way to reduce government.
What means that the total federal budget changes only a little from one year to the next?
incrementalism
