The major summary document describing U.S. federal fiscal policy is the
A)Economic Report of the President.
B)U.S.Constitution.
C)Congressional Record.
D)federal budget.
E)Federal Reserve Bulletin.

Question

Quizplus · Accepted Answer

The federal budget is the main document that outlines the federal government's revenue and spending, including taxes and expenditures on programs such as Social Security, defense, and healthcare. It is typically released by the President in February and then modified and passed by Congress. While other documents, such as the Economic Report of the President, also provide information on the economy and fiscal policy, the federal budget is the most comprehensive and authoritative statement on the government's fiscal priorities.

The Major Summary Document Describing U