An Annually Balanced Government Budget Is a Difficult Policy Goal

An annually balanced government budget is a difficult policy goal to achieve because

A) a significant portion of the government's budget is beyond the short-term discretion of the federal government.
B) government has little control over interest-rate charges on its debt during a fiscal year.
C) tax revenues automatically rise during economic booms and fall during recessions.
D) transfer payments rise during recessions and fall during economic booms.
E) All of the above are reasons why a balanced budget is difficult to achieve.