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Massive tax cuts during a recession will create?

either a. a budget surplus b. a budget deficit c. a budget balance


Who handle finances of federal government?

The Treasury Department handles finances of Federal Government. They help create the federal budget.


What is the role of a budget committee?

The role of the budget committee is to help create a federal budget and oversee that budget. They prepare the budget resolution and review budget related laws and bills.


What was the purpose the agricultural adjustment act?

to create a federal farm board with the authority to purchase surplus crops.


What Office program would be best to use to create a budget?

EXCEL Spreadsheet


What is the role of the office of management and Budget?

It prepares the federal budget and monitors spending.


How did minoans create surplus?

The Minoans made their surplus of goods through trade.


What was needed as a surplus to help create trade between cultures?

Crops were needed as a surplus to help create trade between cultures.


What is the order of steps to show how a budget is made?

To create a budget, start by identifying your income sources and calculating total monthly earnings. Next, list all fixed and variable expenses, categorizing them as necessary or discretionary. After that, compare total income to total expenses to determine if there’s a surplus or deficit. Finally, adjust spending or savings goals as needed to create a balanced budget.


How did Clinton create a budget surplus?

He borrowed money from off budget funds! Here is a basic run down, but follow the links to the government website to seek the truth for yourself so you will know its not just some guy on his computer lying to you. The facts are on the government run websites...don't use Fox, MSNBC , FactCheck, or others because they are going to do the same thing Clinton did...Lie. How Clinton managed to claim a surplus was that while the general operating budgets ran deficits but Clinton borrowed from numerous off budget funds to make the on budget fund a surplus. For example, in 2000, Clinton claimed a $230B surplus, but Clinton borrowed $152.3B from Social Security $30.9B from Civil Service Retirement Fund $18.5B from Federal Supplementary Medical insurance Trust Fund $15.0B from Federal Hospital Insurance Trust Fund $9.0B from the Federal Unemployment Trust Fund $8.2B from Military Retirement Fund $3.8B from Transportation Trust Funds $1.8B from Employee Life Insurance & Retirement fund $7.0B from others Total borrowed from off budget funds $246.5B, meaning that his $230B surplus is actually a $16.5B deficit. ($246.5B borrowed - $230B claimed surplus = $16.5B actual deficit). If there is ever a true surplus, then the national debt will go down. the national debt did not go down one year during the Clinton administration. FY1993 $4.411488 trillion FY1994 $4.692749 trillion FY1995 $4.973982 trillion FY1996 $5.224810 trillion FY1997 $5.413146 trillion FY1998 $5.526193 trillion FY1999 $5.656270 trillion FY2000 $5.674178 trillion FY2001 $5.807463 trillion


What conditions create a surplus?

Oversupply or over-purchase.


What it the duties of a budget analysts?

to create the nations budget