Question

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choose the best answers.
6.1) ______ what does it mean if the federal government is operating a deficit budget?
a. it is spending more than it takes in through revenue.
b. it is spending less than it takes in through revenue.
c. it is making loans to state governments.
d. the president is ignoring congresss appropriations and is spending money as he pleases.
6.2) ____ the budgetary process begins with budget requests coming from the __.
a. supreme court c. senate
b. state governors d. president
6.3) ____ congress must pass a(n) __ for taxing and spending.
a. comprehensive budget c. appropriation bill
b. amendment d. gdp report
6.4) ____ after spending legislation has been approved, congress then __ money to pay for the program.
a. refers c. replaces
b. appropriates d. procures

Explanation:

6.1) A deficit budget occurs when government expenditures exceed its revenue from taxes and other sources.
6.2) In the U.S. federal budget process, the President submits the initial budget request to Congress, starting the formal process.
6.3) Congress passes an appropriation bill to authorize specific taxing and spending actions for government programs.
6.4) After spending legislation is approved, Congress appropriates (allocates) the specific funds needed to fund the approved programs.

Answer:

6.1) A. It is spending more than it takes in through revenue.
6.2) D. President
6.3) C. appropriation bill
6.4) B. appropriates