Deck 10: Budget Approval: The US Congress

Question 1

Which of the following committees of the U.S. Congress fashions tax legislation that generates revenue for the federal government?

A) The House Ways and Means Committee
B) The Senate Finance Committee
C) Both of these are correct.
D) Neither of these are correct.

Answer 1

C

Question 2

Which of the following is not a result of the Budget Act of 1974?

A) Budget resolutions
B) Congressional Budget Office
C) The requirement that the President submit a budget proposal
D) Congressional Budget Committees

Answer 2

C

Question 3

Which of the following is not a role of the Congressional Budget Office?

A) Conducting policy research on issues before Congress
B) Recommending which policy options should be chosen by Congress
C) Developing the baseline or starting point for the budget resolutions
D) Estimating the costs of proposed legislation

Answer 3

B

Question 4

What do we call a proposal by the President to cancel part of or all of the funds of a given appropriation already approved by the Congress?

A) Rescission
B) Recession
C) Referral
D) Deferral

Question 5

What is the name of the process created by the Gramm-Rudman-Hollings legislation to impose budget reductions if budget deficit targets were not reached?

A) Reaffirmation
B) Impoundment
C) Revision
D) Sequestration

Question 6

Since 1985, which are the only four years when the United States enjoyed a budget surplus?

A) 1998-2001
B) 1994-1997
C) 1984-1987
D) 1988-1991

Question 7

Which federal law act ran afoul of the Presentment Clause of the U.S. Constitution because it permitted a President to unilaterally unmake law that had been passed by both houses of Congress?

A) American Recovery and Reinvestment Act
B) Line Item Veto Act
C) Taxpayer Relief Act
D) Omnibus Healthcare Act

Question 8

The government shutdown that occurred in late 2017 into 2018, at 35 days, was the longest in U.S. history.

Question 9

The 1974 congressional budget reform created, for the first time, the requirement that the Congress pass a budget resolution as a blueprint for the budget.

Question 10

Except in instances where new presidents have just taken office, the law requires a president to submit his budget to Congress no later than the first Monday in February.

Question 11

If Congress has not enacted a budget resolution by April 15th, the appropriations committees can begin to act on appropriation bills without any limits that would have been imposed by the budget resolution.

Question 12

Congress has fully complied with the limits on discretionary spending included in the Budget Control Act of 2011.

Question 13

Most of the current federal budget procedures result from which two laws?

Question 14

What do we call an action that is taken by both houses of the U.S. Congress that does not require the President's signature and represents a blueprint for the budget with aggregate budget numbers?

Question 15

What two forms of impoundments were created by the Congressional Budget and Impoundment Control Act?

Question 16

What was the principal objective of the Gramm-Rudman-Hollings legislation?

Question 17

Describe two federal budget reforms proposed, the problem or problems they propose to solve, their potential impact, and their likelihood of success.