Some politicians have suggested that the United States enact a constitutional amendment requiring that the Federal government balance its budget annually strictly enforced, would force the government to enact a contractionary fiscal policy whenever the economy experienced a severe recession This is because when the economy enters a recession, 0000 net tax revenue falls and transfer payments rise. Balancing the budget would require raising transfer payments and raising taxes net tax revenue rises and transfer payments fall. Balancing the budget would require raising transfer payments and lowering taxes net tax revenue falls and transfer payments rise. Balancing the budget would require lowering transfer payments and raising tas net tax revenue rises and transfer payments fall. Balancing the budget would require lowering transfer payments and lowering te

How many year's since 1994 has the federal budget had a surplus

"Discuss the Impact of Taxes on Household Savings in the United States"

A government's debt is reduced when it   Group of answer choices runs a surplus. runs a deficit. balances is budget. sells more bonds.

When the total revenues in the federal government are greater than the total expenses in a given year, the budget: A. is balanced. B. has a profit. C. has a deficit. D. has a surplus.

2) Transfer payments are the ________ in the government's budget. A) smallest expenditure source B) largest expenditure source C) smallest revenue source D) largest revenue source 3) Personal taxes are the ________ in the government's budget. A) smallest expenditure source B) largest expenditure source C) smallest revenue source D) largest revenue source 4) A government's debt is increased when it A) balances is budget. B) buys more bonds. C) runs a deficit. D) runs a surplus. 5) When a government runs a surplus A) its debt increases. B) it must raise taxes. C) its debt decreases. D) it must cut spending. 6) The amount the government owes to the public is the federal debt. 7) If tax receipts are greater than government expenditures the government is running a surplus. 8) If the government runs a surplus, then the government debt increases. 9) Transfer payments are the largest part of the U.S.…

What was the budget agenda for President George W. Bush's administration?

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To maintain a balanced budget during a recession, what should the government do? Group of answer choices Decrease taxes, increase transfer payments, and/or decrease government spending Increase taxes, increase spending, and/or increase transfer payments Increase taxes, decrease transfer payments, and/or decrease government spending. Decrease taxes, decrease government spending, and/or decrease transfer payments

The Effects of Fiscal Deficits on an Economy.