Which Of These Required To Balance The Budget For The Year?

Which Of These Required To Balance The Budget For The Year? I think the correct answer from the choices listed above is the first option To balance the budget for the year, it should be that the revenues are equal to the expenditures or spending. It is a general rule in balancing that what goes

Is This Statement True Or False Congress Is Responsible For Creating The Federal Budget?

Is This Statement True Or False Congress Is Responsible For Creating The Federal Budget? Every year, Congress begins work on a federal budget for the next fiscal year. … The work actually begins in the executive branch the year before the budget is to go into effect. Federal agencies create budget requests and submit them

What Is The Main Goal Of The Creation Of The Federal Budget Quizlet?

What Is The Main Goal Of The Creation Of The Federal Budget Quizlet? The goal is to have a balanced federal budget. The govt spends an amount of money equal to that which is collected in revenue. The government can increase revenue through increased taxing, borrowing money or creating money. What does it mean to