Examlex
Jerry wants to use the ethical norm of utility when making decisions. To do this, he should ask "Is this decision fair to everyone?"
Federal Outlays
Government spending or expenditures, including all amounts paid out by the federal government, typically categorized by function.
Capital Budget
A Capital Budget involves the planning and allocation of funds for long-term investments and infrastructure projects.
Two-Thirds Majority Vote
A voting requirement where at least two-thirds of the members present must agree for a proposal to pass, often used for significant decisions.
Transfer Payments
Payments made by the government to individuals for which no goods or services are provided in return, such as welfare benefits.
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