Which of the following is true of the federal budget process in the U.S.?
A) Congress must approve a budget with at least a two-thirds majority vote.
B) The federal budget must be balanced each year because the volume of international trade reduces if the government has a surplus or a deficit.
C) Most federal outlays are determined by existing laws.
D) Congress approves a budget that separates the capital budget and the operating budget.
E) Detailed budgeting allows the party in power to reward supporters.
Correct Answer:
Verified
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