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Explain the Process of How a Bill Becomes a Law

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Essay

Explain the process of how a bill becomes a law.Specifically,highlight the many places where a bill may be sidetracked,fundamentally changed,or killed.How does this process fit with the founders' intent concerning Congress?


Definitions:

Income Tax Expense

The cost incurred by businesses and individuals due to earnings, computed based on tax rates and laws.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of wealth maximization.

Straight-Line Depreciation

Straight-line depreciation is a method of allocating the cost of a tangible asset over its useful life in equal annual amounts.

Capital Budgeting

The strategy of organizing and overseeing a business's extended investments in ventures and assets.

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