Answer the following statement(s) true (T) or false (F)
1.Supplemental appropriations are not scrutinized as carefully as regular appropriations.
2.While traditional incremental budgeting operates from the assumption that the previous year’s budget was justified, and so increments are all that need examination, zero-based budgeting holds that a more comprehensive examination of all expenditures should be conducted.
3.Under Gramm–Rudman–Hollings, if the president and Congress could not reach an agreement on raising taxes or cutting spending to reduce the deficit, sequestrations in spending, taking half from the defense budget and half from the domestic budget, are imposed.
4.Some state governors have the power to veto portions of bills with a line-item veto.
1.true
2.true
3.true
4.true
You might also like to view...
Discuss the recent economic crisis and recession. What happened, and why? Should the government take any steps to prevent this from happening again? If so, what steps? If not, why not?
What will be an ideal response?
Which of the following BEST describes Nigeria's labor unions?
a. Although ethnic, regional, and religious differences have hampered their solidarity, they have served as an important challenge to the government and a potent force in society. b. They are extremely corrupt and have colluded with the federal government for rents. c. Due to a history of state corporatism, they have been co-opted by the government and fail to act independently. d. They have never been a significant force in Nigeria. e. Because they are highly fragmented along ethnic, regional and religious differences, their political impact has been minimal.