Document 14214497

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What is the two-step process Congress uses to get or spend money called?
What is an Appropriations Bill?
What is productivity in reference to taxes?
What is equity in terms of taxes?
What is elasticity in terms of taxes?
In 5 sentences what is fiscal policy and how does the government use it.
In 5 sentences what is monetary policy and how does the government use it.
What is the Federal Reserve Board and who is its Chair?
What is the current US debt?
http://www.usdebtclock.org/ - go to this site and describe what this shows
about our debt.
Describe what is Mandatory spending. Give 2 examples.
Describe what Entitlements are. Give 2 examples.
Describe what Discretionary spending is. Give 2 examples.
Find, cut, then paste a graph on the budget of the US government that shows
both mandatory and discretionary spending.
What is meant by “Pork Barrel Spending”? Describe why politicians use it.
What is an Earmark?
How do these help a politician get re-elected?
What is log rolling and reciprocity in regards to taxes?
View this video clip then answer: What do you think should be done about
earmarks?
http://www.pbs.org/moyers/journal/07272007/watch.html
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