Drag and Drop Proportional Fiscal Policy Suply-Side Structural Transmission lag Cyclical Data lag Progressive Surplus Transfer payments. A budget ----------- would occur of government expenditure were less than the tax revenues collected in a given year. The ------ is the time it takes for policy makers to become aware that there is a problem in the economy. Individuals who receive payments from the government that is not for work done or goods and services supplied are receiving----------. ------ is the federal government's plan for spending and tax revenues. Tax cuts on saving, capital gains and personal income are known as ----- tax cuts. The current federal income tax system is ------- The federal budget can be in surplus, deficit or balance and there can be a cyclical deficit and a ----- deficit. A ------ deficit is that part of the federal budget deficit that occurs from an economic downtown. The ------ is the time it takes for the tax change or spending change to take effect