What Is an Argument in Favor of Earmarks

question 89

Multiple Choice

What is an argument in favor of earmarks?

• A) They provide consensus among both parties on federal spending priorities.
• B) They secure the passage of larger bills.
• C) They are distributed equally among the states.
• D) They are the only source of funding for local infrastructure projects.

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Definitions:

Fiscal Year

A one-year period that companies and governments use for accounting purposes and preparation of financial statements, which may not align with the calendar year.

December 31

The last day of the year, often used as a cut-off date for annual financial reports and assessments.

Liabilities

Obligations of a monetary nature that an organization must fulfill to others, involving the exchange of economic values over an established timeframe.

Assets

Resources owned by a company that have economic value and can be used to meet debts, commitments, or investments.