Finish the Sentence Below as If You Were a 6-Year-Old

question 100

Essay

Finish the sentence below as if you were a 6-year-old boy and again as if you were a 12-year-old boy: "I am...."

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Definitions:

Continuing Resolutions

Temporary funding measures used by governments to prevent operational shutdowns when formal budget bills have not been approved.

Budget Resolutions

Legislative measures specifying the broad levels of taxation and spending, setting the framework for the detailed budget process.

Congressional Suggestions

Recommendations or proposals made by members of Congress intended to guide legislative decisions or policy formations.

Functional Finance

A budget philosophy using fiscal policy to achieve the economy’s potential GDP, rather than balancing budgets either annually or over the business cycle.