Question

1. The Budget Enforcement Act of 1990

   a		was a package of spending cuts and tax increases designed to reduce the deficit
   b		was a deficit reduction plan proposed by President Clinton
   c		succeeded in balancing the budget within two years
   d		identified defense and international programs as the only two areas of potential spending cuts
   e		gave the President the authority to make unilateral spending cuts to balance the budget

2)) The Employment Act of 1946

a		created the Council of Economic Advisers
b		established the Office of Management and Budget
c		centralized budgetary authority by establishing budget committees in the House and Senate
d		established the goal of a balanced budget
e		weakened the role of Congress in the budgetary process

3)) The beginning of the formal budget process is signified by

a		Congress's submission to the President of the Budget of the United States
b		the submission of the Economic Report of the President to Congress
c		the President's submission to Congress of the Budget of the United States
d		passage of a budget resolution by Congress
e		the President signing the budget into law

Answer 1

Ans) the correct option is a) was a package of spending cuts and tax increases designed to reduce the deficit

Ans) the correct option is c) centralized budgetary authority by establishing budget committees in the House and Senate

Ans) the correct option is c) the President's submission to Congress of the Budget of the United States