PAD 4223 Study Guide - Quiz Guide: Troubled Asset Relief Program, Congressional Budget Office, Budget Resolution

348 views4 pages

Document Summary

Four main effects, a new mechanism, the budget resolution, second, created budget committees, third created. Developing the budget baseline (a current services estimate) that would prove to be the starting point for the resolution; 2. Estimating the costs of proposed legislation; and 3. 1999, 2000, 2001: which federal law act ran afoul of the presentment clause of the u. s. constitution because it permitted a president to unilaterally unmake law that had been passed by both houses of. Chapter 10 true or false: today, the u. s. federal budget occupies a central place in both the nation"s economy and the nation"s politics. T: the reagan administration tax cuts produced such simulative effects on the economy that growth more than made up for the lost revenue from the cuts. F: except in instances where new presidents have just taken office, a president must submit his budget to congress no later than the first monday in february.