What Is The Federal Budget Quizlet? This occurs when government spending exceed revenues. You just studied 15 terms! What is true about the federal budget quizlet? what is true about the federal budget? the president develops it and presents it to congress for approval. What describes the federal budget? The federal budget is the government’s
What Is The Difference Between Authorization And Appropriation? First, authorization bills establish, continue, or modify agencies or programs. Second, appropriations measures may provide spending for the agencies and programs previously authorized. Authorization acts establish, continue, or modify agencies or programs. What is the authorized purpose of an appropriation found? An appropriation is a statutory authorization