Public Policy Flashcards
1
Q
Agenda Setting
A
recognizing issues and making them part of the national agenda
2
Q
Bipartisanship
A
support from both parties for policy, e.g., a bipartisan foreign policy.
3
Q
Budget deficit
A
results when federal expenditures exceed federal revenues for a one year period.
4
Q
Deficit Spending
A
the federal government’s practice of spending more money than it takes in as revenues.
5
Q
Deregulation
A
elimination of federal regulations on private companies.
6
Q
Entitlements
A
federal benefit payments to which recipients have a legal right, e.g., Social Security. Also known as uncontrollable.
7
Q
Fiscal Policy
A
taxing and spending policies.
8
Q
Monetary Policy
A
Federal Reserve Board’s regulation of the supply of money in circulation.
