support from both parties for policy, e.g., a bipartisan foreign policy.
when federal expenditures exceed federal revenues for a one year period.
the federal government's practice of spending more money than it takes in as revenues.
elimination of federal regulations on private companies
federal benefit payments to which recipients have a legal right, e.g., social security. Also known as uncontrollables
taxing and spending policies.
requiring that those who receive federal benefits show a need for them.
Federal Reserve Board's regulation of the supply of money in circulation.
total debt owed by the federal government due to past borrowing. Also known as the public debt.
federal financial aid to individuals, e.g., welfare, food stamps, agricultural subsidies.
Please allow access to your computer’s microphone to use Voice Recording.
We can’t access your microphone!
Click the icon above to update your browser permissions above and try again
Reload the page to try again!
Press Cmd-0 to reset your zoom
Press Ctrl-0 to reset your zoom
It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.
Your microphone is muted
For help fixing this issue, see this FAQ.