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- Identify three (3) areas where President Obama wants to increase federal appropriations.
- Identify three (3) areas where President Obama wants to decrease federal appropriations.
- Analyze and describe four (4) governmental expenditures each from the federal, state, and local budgets that will have a greater impact on the national economy for the upcoming budget year. describe your choices.

The federal appropriations process is one of the most important parts of public policy. Appropriations bills fund programs and must pass every year or the federal government shuts down. In the final stage of the appropriation process, the bill is presented to the President. If he signs it, it becomes law. If he vetoes it, a two-thirds vote of the House and Senate is needed to override the veto. Otherwise, Congress must address the President's concerns. Three (3) areas where President Obama wants to increase federal appropriations are: education, land & water conservation, veterans affairs

Decrease: Afghan/Iraq wars, federal health care spending, federal worker wages & benefits

 

Basic Finance, Finance

  • Category:- Basic Finance
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