The Budget and Accounting Act of 1921 Created

question 37

Multiple Choice

The Budget and Accounting Act of 1921 created:

• A) chaos in the federal budget process
• B) a rift within the Democratic party concerning the budget
• C) an end to states' budgets
• D) a tax to rewrite the budget process
• E) a new Bureau of the Budget to streamline the process of preparing an annual federal budget

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Definitions:

Democrats

A member or supporter of the Democratic Party in the United States, known for its liberal policies on social issues and emphasis on government intervention in the economy.

Republicans

A member of the Republican Party, one of the two major contemporary political parties in the United States, often associated with conservative and right-leaning policies.

Fair Deal

A set of proposals put forward by U.S. President Harry S. Truman to Congress in 1949 aimed at improving social welfare and civil rights.

Harry S. Truman

The 33rd President of the United States, serving from 1945 to 1953, known for implementing the Marshall Plan and leading the country through the end of World War II.