Term
| What are the two requirements for transferring funds to unfunded requirements? |
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Definition
| It must be unanticipated and a higher priority than any funded requirement. |
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Term
| What is the largest single source of Federal government tax revenues? |
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Definition
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Term
| In the Federal budget process, which organizations actually prepare budget estimates? |
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Definition
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Term
| Which branch of government conducts hearings on the effectiveness of government programs? |
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Definition
| Legislative Branch (Congress) |
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Term
| What agency issues apportionments? |
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Definition
OMB (Office of Management and Budget) |
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Term
| What term is used to describe a subdivision of an apportionment? |
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Definition
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Term
| What type of legislation provides an agency with budget authority? |
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Definition
| Appropriation Legislation |
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Term
Which agency issues directions for use by other agencies in submitting their budget estimates? |
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Definition
| OMB (Office of Management and Budget) |
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Term
| What is the name of the committee that attempts to resove differences between House and Senate versions of a bill? |
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Definition
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Term
| Which branch of government is authorized to raise taxes and borrow money? |
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Definition
| Legislative Branch (Congress) |
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Term
| Which branch of government implements laws? |
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Definition
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Term
| Approximately what percent of total Federal spending is discretionary spending? |
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Definition
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Term
| What percentage of the Gross Domestic Product (GDP) of the United States did the Federal Spending represent in FY 02? |
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Definition
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Term
| What occurs when Congress is not in session and the President does not sign a bill in 10 days? |
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Definition
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Term
| In which article of the Constitution is the power to raise taxes found? |
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Definition
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Term
| What was the predescessor to the Constitution? |
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Definition
| Articles of the Confederation |
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Term
| How many branches of government did the Constitution establish? |
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Definition
| 3-Executive, Legislative & Judicial |
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