The responsibility for making fiscal policy lies with ________,and the administration of fiscal
Policy occurs primarily in the ________.
A)the president; Federal Reserve Board
B)the president; Treasury Department
C)Congress; Treasury Department
D)Congress; Department of Commerce

Question

Quizplus · Accepted Answer

According to the U.S. Constitution, the power to make fiscal policy lies with Congress. The Treasury Department is the primary agency responsible for the administration of fiscal policy, including collecting taxes and managing government spending.

The Responsibility for Making Fiscal Policy Lies with ________,And the Administration