Question
Which of the following is NOT specifically named in the Constitution as something the federal government can pay for? Post Office the national parks the
Which of the following is NOT specifically named in the Constitution as something the federal government can pay for?
Post Office
the national parks
the Army
State militias
The system that created a balanced federal budget in the 1990s was known as:
sequestration
USAFA
PAYGO
reconciliation
The Constitution requires Congress to plan ahead for budgets over how many years?
Three
Four
Six
Zero. The Constitution says nothing about this.
Since he is Commander in Chief, the president decides on the amount of the defense budget and what it is spent on.
True
False
The largest category of Federal spending is:
mandatory spending
interest on the national debt
discretionary spending
sequestration
The Constitution says the president must submit a proposed budget to Congress at their request after the State of the Union Address.
True
False
According to the Constitution, the government must publish a statement of its accounts
monthly
annually
quarterly
from time to time
"Fiscal year" means
monetary year
tax year
budget year
Congressional year
Most states, including Nevada, have fiscal years that begin on:
January 1
July 1
October 1
The first day of school
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