Public Policy

Question 0

Great society

Answer 0

LBJ - help poor and elderly (social security and Medicare)

Question 1

16th Amendment

Answer 1

Fed govt power to impose income tax

Question 2

Reagan

Answer 2

Tax cuts - benefits rich people

Question 3

Supply side economics

Answer 3

Reagan - hoping to free money for savings and investment

Question 4

Social security

Answer 4

Mandatory spending & entitlement programs - new deal - taxes paid by current workers pay for retirees

Question 5

Federal debt

Answer 5

Increased bc of constant annual budget deficits

Question 6

“Uncontrollable” expenditure

Answer 6

When you must pay as required by law or previous govt obligation

Question 7

Incremental budgeting

Answer 7

Provides small increases or decreases to current budget

Question 8

Budgetary barriers

Answer 8

Mandatory spending, interest payments

Question 9

Non budgetary barriers

Answer 9

Partisan politics, interest groups, legislative process

Question 10

OMB

Answer 10

Prepares federal budget and advising the president

Question 11

Military industrial complex

Answer 11

Close relationship between department of defense and corporations