Suppose That When He Took Office in January 2009, President

question 11

Multiple Choice

Suppose that when he took office in January 2009, President Obama wanted to
reduce the level of spending by the Drug Enforcement Administration during
fiscal 2009. What budget procedure would allow him to do that?

• A) He had no legal way of doing this.
• B) Executive transfers out of the Drug Enforcement Administration to the Department of Treasury Impoundment Fund
• C) A rescission approved by Congress
• D) None of the above

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Definitions:

Special Revenue Fund

A fund used by a government to account for revenue from specific sources that are legally restricted to expenditure for particular purposes.

Capital Projects Fund

A type of governmental accounting fund used to finance and track the costs of major capital improvements and constructions.