Pt 2: Chapter 11 Notes Flashcards
What is the federal government’s total expenditures?
$3.55 trillion ($3,500 billion)
The expenditures for the legislative branch?
$7 billion
The expenditures for the executive branch?
$7 billion
The expenditures for the executive branch?
$3,500 billion
What are the 3 big programs that use up a majority of our federal spending (rank them highest to lowest)
- Social security - 24%
- Healthcare - 24%
- Defense Dept - 17%
What are the 3 biggest incomes for the federal govt and how are they ranked? (highest to lowest)
- Individual income - 46%
- Payroll - 34%
- Corporate income - 11%
What is was the highest ever marginal rate?
94%
What is the current highest marginal rate?
35%
Lower-income individuals pay a higher rate
Regressive tax
Higher-income individuals pay a higher rate
Progressive tax
Whats the saying about Congress?
Hate the Congress… Love your congressman
Approval/disapproval rating for Yarmuth?
62% approval
26% disapproval
Overall Congress approval rating? Disapproval?
15% approve
70% disapprove
Over ___ of House incumbents who seek re-election win, the number is just slightly lower for the Senate
95%
What are some reasons why House incumbents are likely to get reelected?
- Take care of Constituents
- Fund-raising advantage
- Redistricting
Each member of the house represents roughly _____ people
700,000
How many members of the Senate?
100 members
The Senate is referred to as?
“The Upper House”
Qualifications for Senate:
- How old?
- How long a citizen?
- Where should you be from?
- 30 years of age
- US citizen for 9 years
- Inhabit state you represent when elected
How many women in Senate? African Americans?
17 women, 1 African American
How many members of the house?
435 voting members + 5 non-voting
What is the House referred to as?
“The Lower House”
Qualifications for the House:
- How old?
- How long a citizen?
- Where should you be from?
- 25 years old
- US citizen for 7 years
- Inhabit state you were elected in
Who is our Senator?
Good ole Mitch McConnell