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| the trading of votes used to generate sufficient support for projects that are not in the general interest of the country. i.e. Getting Lake Champlain called a great lake so that it would qualify for a environmental program. |
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| a bill passed by Congress and signed by the president that allows the government to temporarily spend money in a fashion identical to the previous year. i.e. when congress does not meet the October 1 deadline |
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| the opportunity cost of government deficit spending is that private investment is reduced. i.e. private companies are being butted out |
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| budget items for which a previously passed law requires that money be spent |
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| budget items for which an annual appropriations bill must be passed so that money can be spent |
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| a program where if people meet certain income or demographic criteria they are automatically eligible to receive benefits. i.e. medicaid |
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| using last years budgeted figure to set this years budgeted figure |
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| was 311 billion in tax cuts and 479 billion in spending spread out over 10 years. Concerned unemployment benefits and health insurance for unemployed among other small investments like 17 billion to computerize nations health records. |
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Term
| Current services budgeting |
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Definition
| using an estimate of costs of providing the same level of services next year as last |
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