The federal budget: An overview 
Source: Budget of the United States Government,Fiscal Year 2017: Historical Tables (Washington,
D.C.: U.S.Government Printing Office,2016) ,Tables 1.1 and 7.1.
Note: Data are estimates for fiscal year 2017.
-Based on the graph,what is a budget deficit?
A) the amount the nation owes to other countries -Consider This: This is the national debt.Deficits can feed into this,but the two are not synonymous.
B) the difference when expenditures exceed revenues
C) the cost of social services the government offers
D) the money the government has left to spend at the end of the year
Correct Answer:
Verified
Q10: Q11: Federal Revenues Q12: Which is the largest social policy of Q13: When must the president submit a budget Q14: Which of the following budgetary process actors Q16: What are tax expenditures? Q17: “The Congress shall have power to lay Q18: Q19: The federal budget: An overview Q20: “The Congress shall have power to lay
This is a stacked graph in
A)yearly appropriations of funds
Trends in social service spending
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