The Budget Enforcement Act of 1990:
A) was a package of spending cuts and tax increases designed to reduce budget deficit.
B) succeeded in balancing the budget cyclically.
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
Q92: The difference between the federal budget deficit
Q93: If actions by the President and Congress
Q94: The national debt:
A)is a flow variable measuring
Q95: Which of the following correctly describes factors
Q96: Which of the following is not included
Q98: Which of the following steps does not
Q99: The key link between the twin deficits
Q100: Increasing U.S.trade deficits result in:
A)federal budget surpluses.
B)increased
Q101: The long-run opportunity cost of government spending
Q102: Only about one-fourth of the federal budget
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