Multiple Choice
The Budget Enforcement Act of 1990
A) was a package of spending cuts and tax increases designed to reduce the deficit
B) was a deficit reduction plan proposed by President Clinton
C) succeeded in balancing the budget within two years
D) identified defense and international programs as the only two areas of potential spending cuts
E) gave the President the authority to make unilateral spending cuts to balance the budget
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Biannual budgets have replaced the annual budget
Q2: The federal government spends more for national
Q3: Approximately _ of the budget falls into
Q5: It took more than 200 years for
Q6: If the fraction of U.S.government securities held
Q7: According to the functional finance budget philosophy,<br>A)deficits
Q8: Increased government borrowing to cover a budget
Q9: If the functional finance approach to federal
Q10: The difference between the federal budget deficit
Q11: Which of the following has been advanced