Question

Define on-budget items and off-budget items. Give examples from the U.S. federal budget.

Define on-budget items and off-budget items. Give examples from the U.S. federal budget.

Homework Answers

Answer #1
  • Off-budget is a mandatory spending protected or guarded from the normal budget process, thereby let off from budget caps, confiscation, and other requirements.
  • It is legislated outside of the annual appropriations procedure by the congress.
  • The Social Security Trust Fund, the U.S. Postal Service and Supplemental Nutrition Assistance Program are the off-budget items.
  • On budget which are discretionary in nature with regard to spending denotes to the share of the budget decided by way of annual appropriations by the Congress.
  • The levels of on-budget items are set each year by Congress.
  • Food and agriculture, housing, and community are the examples of on budget items.

                           

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Define fixed and variable costs. Give examples of each. Can a company budget for variable costs?...
Define fixed and variable costs. Give examples of each. Can a company budget for variable costs? Explain
Consider the data below for federal budget​ receipts, federal budget​ spending, and GDP in the U.S....
Consider the data below for federal budget​ receipts, federal budget​ spending, and GDP in the U.S. Calculate the federal budget surplus or deficit as a percentage of GDP for each year. ​(Enter your responses rounded to two decimal places and include a minus sign for a​ deficit). Year Federal Budget Receipts ​(billions of dollars per​year) Federal Government Spending ​(billions of dollars per​ year) Real GDP ​(billions of dollars per​ year, in constant 2005​ dollars) Federal Surplus or Deficit as a...
Define a competitive market. Give examples.
Define a competitive market. Give examples.
Q3: What are the primary budget items that cause the United States to have federal budget...
Q3: What are the primary budget items that cause the United States to have federal budget deficits that keep adding to the national debt? What areas would you cut to reduce the budget deficit?-
The purpose of this question is to give you some up-to-date information concerning the U.S. Federal...
The purpose of this question is to give you some up-to-date information concerning the U.S. Federal Budget. Read the 2017 United States Budget Estimate, then answer the following questions: A.   What is the fiscal year (FY) for the federal government? B.   What is the projected size of GDP in FY 2017? C.   What is the estimated size of the 2017 United Budget? D.   What are total estimated revenues? E.   What are the major sources of government revenues? F.   What is...
What is non-discretionary spending? Define and give examples.
What is non-discretionary spending? Define and give examples.
Define cultural products and give six examples of them
Define cultural products and give six examples of them
Define the plain view doctrine. In detail, provide examples of places and items that can and...
Define the plain view doctrine. In detail, provide examples of places and items that can and cannot be seized.
what are the "four Ds" of negligence? Define and give examples of each
what are the "four Ds" of negligence? Define and give examples of each
Define azeotrope. What two types of azeotropes are there? Give examples.
Define azeotrope. What two types of azeotropes are there? Give examples.