Chapter 14

Question 0

Purchasing of military hardware

Answer 0

Procurements

Question 1

The belief that the best predictor of this year’s budget is last year’s budget plus a little more

Answer 1

Incrementalism

Question 2

Policies for which congress has obligated itself to pay x level of benefits to y amount of recipients

Answer 2

Entitlements

Question 3

Close relationship between the military hierarchy and the defense industry

Answer 3

The military industrial complex

Question 4

Mandatory cuts

Answer 4

Sequestration

Question 5

Money deducted from employees paychecks and matched by their employers

Answer 5

Social insurance taxes

Question 6

A tax by which the government takes a greater share of the income of the rich than of the poor
Ex) when a rich family pays 50% of its income in taxes a poor family pays 5%

Answer 6

Progressive tax

Question 7

Everyone pays the same in taxes

Answer 7

Flat tax

Question 8

Interest groups’ role in the budgeting process

Answer 8

Lobbying for a groups needs takes place In agencies with presidents and before congressional committee

Question 9

Cut certain taxes

Answer 9

Tax reduction

Question 10

Send requests to the office of management and budget

Get a chance to present themselves before congressional committee

Answer 10

Agencies role In the budgeting process

Question 11

Responsible to the president

Make decisions about billions of dollars in the budget

Answer 11

Office of manager and the budget role In the budget process

Question 12

Makes the final deductions on what to propose to congress

Answer 12

The presidents role in the budgeting process

Question 13

Write the tax codes

Answer 13

The tax committees in congress role In the budgeting process

Question 14

Set the parameters of the congressional budget process

Answer 14

Budget committees and the congressional budget office role In the budget process

Question 15

Write new laws

Answer 15

Subject-matter committees role In the budget process

Question 16

Decides who gets what

Takes policies and decides how much to spend

Answer 16

Appropriations committee and their subcommittees role in the budgeting process

Question 17

Approve taxes and appropriations

Answer 17

Congress’ role in the budgeting process

Question 18

Works as congress’ eyes and ears

Auditing, monitoring and evaluating what agencies are doing with their budgets

Answer 18

Government accountability office role in the budgeting process

Question 19

Process of changing the way taxes are collected by the government

Answer 19

Tax reform

Question 20

Differences between tax reforms and tax reduction

Answer 20

Tax reforms are redoing the way you collect taxes

Tax reductions are cutting taxes

Question 21

Believe we should be concerned with national debt?

Answer 21

Larger than most countries

Question 22

Expenditures that make up the largest of the US budget

Answer 22

Payments for individuals

Question 23

How do the expenditures of the US government compare to those of other modern governments

Answer 23

Smaller than other countries

Question 24

When was social security created

Answer 24

In January 1940

Question 25

Who created social security

Answer 25

FDR

Question 26

Why was social security created

Answer 26

Help those recovering from the Great Depression

Question 27

What has been added to social security since 1930

Answer 27

In 1950: disability insurance

1965: Medicare
2003: expensive prescription drug benefit

Question 28

What is predicted for social security by 2018

Answer 28

Social security’s costs will exceed its income from tax collections