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The Congress, the President, and the Budget: The Politics of Taxing and Spending

The Congress, the President, and the Budget: The Politics of Taxing and Spending. Chapter 14. Introduction. Budget: A policy document allocating burdens (taxes) and benefits (expenditures). Deficit: An excess of federal expenditures over federal revenues. Expenditures:

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Fixed dollar figure - PowerPoint PPT Presentation

The Congress, the President, and the Budget: The Politics of Taxing and Spending