What Is Cloture

question 24

Multiple Choice

What is cloture?

• A)the ability of a senator to speak for as long as he or she wishes to prevent action from being taken on legislation that he or she opposes
• B)the process by which three-fifths of the Senate can end a filibuster
• C)the rule that allows one house of Congress to circumvent the other during the legislative process
• D)a lawsuit filed by a member of the Senate against a member of the House or vice versa

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Definitions:

Disposable Income

The fiscal capacity for households to commit to spending and saving following income taxation.

Savings

The portion of income not spent on consumption but kept aside for future use, often in a bank or other financial instruments.

Liquid Assets

Refers to assets that can be quickly and easily converted into cash without significant loss in value.

Disposable Income

Monetary resources for household use in saving and spending subsequent to income tax deductions.