Explore the intricacies of the U. S. Budget process with this trivia quiz. Test your knowledge on tax systems, budget compilation, federal debt, and government borrowing. Ideal for learners interested in government operations and fiscal policies.
Bridges and highways
Welfare and unemployment
Law enforcement and corrections
Social Security and Medicare
Foreign aid and espionage
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Pay taxes according to howmuch they consume
Pay the same amount in taxes as people in other income brackets
Pay taxes at the same rate as people in other income brackets
Pay taxes at a higher rate than people in other income brackets
Pay taxes at a slightly lower rate than people in the middle income brackets
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II only
IV only
I and II only
II and III only
I, III, and IV only
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The Congressional Budget Office works closely with the president to finalize the budget that he will propose to Congress
The House Ways and Means committee and the Senate Finance committee work together to write the tax codes
The Office of Management and Budget reviews and assesses the budget proposals submitted by each agency
Congress passes a budget resolution to set a cap on expenditures for the fiscal year
The Appropriations Committee decides how to divide federal resources among the departments and agencies
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Income taxes
Bonds
Social Security
Authorization bills
Entitlement programs
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Department of the treasury
Congressional budget office
Senate appropriations committee
Office of management and budget
Council of economic advisers
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National security
Federal subsidies for public education
Entitlement programs
Highway systems
Energy research
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Is the difference between teh amount of annual trax receipts and government expenditures
Consists of all the money borrowed over the years by the national government and still outstanding
Is money owed to foreign nations by the US government when it imports more goods than it exports
Is money owed by taxpayers to the US government, but never paid
Is all money borrowed over the yeras by the federal government and owed to state governments
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The Social Security trust fund
Deductions for interest paid on home mortgages
Social insurance taxes
The interstate highway system
The war in Iraq
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