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Engineers shall not offer, give, solicit, or receive, either directly or indirectly, any contribution to influence the award of a contract by a public authority, or which may be reasonably construed by the public as having the effect or intent of influencing the award of a contract unless such contribution is made in accordance with applicable federal or state election campaign finance laws and regulations.
Federal Budget Deficit
The shortfall when the federal government's expenditures exceed its revenues in a fiscal year.
Fiscal Year
A fiscal year is a one-year period that companies and governments use for financial reporting and budgeting, which doesn't necessarily align with the calendar year.
Automatic Stabilizers
Economic policies and programs that automatically adjust to counteract economic fluctuations without the need for explicit government action.
Recessionary Pressures
Economic factors or conditions indicating an impending or current period of economic downturn.
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