What is fiscal policy? What is the federal budget time line? Question content area bottom Part 1 Fiscal policy is _______. A. successful only if the government has a budget surplus B. the use of the federal budget to achieve macroeconomic objectives Your answer is correct.C. the set of tools used by the Federal Reserve to achieve macroeconomic objectives D. successful only if the government has a balanced budget Part 2 The _______ proposes a budget to _______. A. President; Congress each February Your answer is correct.B. President; Congress each September C. Congress; the President each February D. Congress; the President each September Part 3 The _______ passes the budget acts in _______. A. Congress; September B. Congress; January C. President; January D. President; September