The 1990 Budget Agreement Between President Bush and Congress Incorporated

question 3

Multiple Choice

The 1990 budget agreement between President Bush and Congress incorporated

• A) an increase in both the income tax and some excise tax rates.
• B) substantial reductions in defense spending with no change in taxes.
• C) a significant increase in the money supply to cover the revenue shortfall.
• D) a line-item veto option the president can use to ensure a balanced budget.
• E) a supply-side tax cut designed to improve worker incentives.

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Definitions:

Differences

Refers to the distinctions, variations, or disparities between two or more items, concepts, or entities.

Alternative Dispute Resolution (ADR)

The resolution of legal problems through methods other than litigation.

Traditional Litigation

The process of resolving disputes through the court system, involving a trial and judgment.

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