Part Two Federal Budget

Question 1

The US Constitution articulates a thorough process for the budget.

Accepted Answer

False

Question 2

The President signs Senate & House appropriations bills to create a federal budget.

Accepted Answer

True

Question 3

Who submits the budget request first?

Accepted Answer

President

Question 4

Earmarks are parts of the budget that give a particular state money.

Accepted Answer

True

Question 5

The Office of Management & Budget (OMB) serves as an accounting office & budgets depts.

Accepted Answer

True

Question 6

The House & Senate both pass budget resolutions before writing appropriations bills.

Accepted Answer

True

Question 7

Congress must adopt the President's budget proposal.

Accepted Answer

False

Question 8

Power of the Purse belongs to the President.

Accepted Answer

False

Question 9

The Treasury Department is relatively new.

Accepted Answer

False, it was created in 1789

Question 10

FDR & Lyndon B. Johnson created expansions that ballooned the federal budget.

Accepted Answer

True

Question 11

Prior to 1921, the feds had no process for developing a national budget.

Accepted Answer

True

Question 12

The Office of Management and Budget, created by Congress, reports to the President.

Accepted Answer

True

Question 13

The Congressional Budget Office is responsible for nonpartisan budget analysis each year

Accepted Answer

True

Question 14

It is illegal for interest groups to talk to Congress when a budget is being written.

Accepted Answer

False

Question 15

An authorizations bill allows spending over several years instead of an annual bill.

Accepted Answer

True

Questions 15