Discuss the processes by which Texas' fiscal, social welfare, and education policy are made and executed.
The Division of Budget and Policy works together to support the Governor in formulating and executing state policy through collaboration with state agencies, the Legislature, and numerous stakeholders and stakeholder groups. The division analyzes that piece of legislation throughout the legislative session and makes recommendations to the Governor.
In support of the constitutional position of the governor as the chief budget officer of the government, the budget office provides financial information and analysis. Each advises the governor on the financial situation of the government, proposes to the governor fiscal policies, and prepares the biennial budget of the governor and distributes it to the legislature. Other budget activities include approving requests from agencies to enter into contracts with consultants and review the budget of the agency, as well as other legally required submissions. Together with the legislature
The Governor and the LBB, while the Legislature is not in session, have budget execution power to control the budgets of the government. Budget execution authority allows the state to reallocate existing appropriations between legislative sessions for fiscal emergencies. Section 317 of the Texas Government Code authorizes either the Governor or the LBB to propose measures to implement the budget. In this phase, the budget office of the Governor analyzes the budget emergency found and can recommend solutions that include the transition of funds from one government agency to another. Use of agency appropriations for a different purpose or change in the timing of the appropriation of the agency. For an item to be approved, the original or amended proposal must be approved by both the Governor and the LBB.
Medicaid is linked to personal income, one of the largest aid programs. The share of each state is determined by its percentage of Federal Medical Assistance (FMAP), which is set annually on the basis of per capita income. The FMAP must be at least 50 percent under federal law; Texas ' FMAP is 56.88 percent for federal fiscal 2018, which ensures that the federal government will pay a larger share of Texas ' Medicaid costs than the state. Similarly, poverty rates determine programs such as TANF's need-based funding.
According to FEMA, in the first month after landfall, individual Texans and Texas companies received about $1.5 billion in federal grants and loans. This included $571.8 million in FEMA grants for nearly 271,000 Texas families for needs such as temporary housing and emergency home repairs; $608 million in accelerated payments through the National Flood Insurance Program; and $367 million in low-interest SBA disaster loans for Texas businesses, homeowners and tenants.
Discuss the processes by which Texas' fiscal, social welfare, and education policy are made and executed.
From a social welfare perspective, discuss the pros and cons of government subsidized postsecondary education.
Which of the following American social values is against using government resources to fund social welfare policy? The New Puritanism Protestant work ethci Patriarchy Social Darwinism
Which of these two policies maximizes social welfare: (a) Policy 1. Spend $1,000 per capita on regulation such that average cancer risk is 1 in 1 million from lifetime exposure to air pollution and 1 in 1 million for lifetime exposure to water pollution. (b) Policy 2. Spend $1,000 per capita on regulation such that average cancer risk is 1.2 in 1 million from lifetime exposure to air pollution and 0.7 in 1 million for lifetime exposure to water pollution.
Explain the concept of social construction and discuss the processes of socialization through which individuals “learn gender.” Discuss the ways in which dominant notions of masculinity and femininity are reinforced through social interactions. Explain how traditional gender roles limit both men and women.
1. Explain the theory of fiscal policy. 2. Discuss the fiscal policy implemented by the UK government in 2018.
A Texas household receives a Social Security check for $1500, which it uses to purchase a $40 pair of shoes made in Thailand by a Thai firm, a $1240 television made by a Korean firm in Korea, and $220 on groceries from a local store. As a result, U.S. GDP
Discuss the main differences between fiscal policy and monetary policy. What steps or actions does the government take to influence or pursue either type of policy?
To maximize social welfare, which of the following must always be TRUE? A) marginal social benefit equals marginal social cost B) marginal private benefit equals marginal social cost C) marginal social benefit equals marginal private cost D) marginal private benefit equals marginal private cost
(a)Which is more effective between fiscal policy and monetary policy in tacking inflation and tackling economic recession? (b) Discuss fully the relationship between the quantity theory of money and money demand
Fiscal policy can be very difficult to employ effectively. Discuss the issues: If in a recession, should the gov't expand spending? What are the pros and cons? Discuss tax policy as well. Could the gov't choose to use monetary policy instead?