A tax laid on goods brought into the U.S. from abroad.
What is customs duty?
100
A measure which allows agencies to continue working based on the previous year's appropriations.
What is continuing resolution?
100
This is the government largest amount of federal revenue..
What is income tax?
100
Congress can't tax this.
What is local government?
200
A tax imposed on nearly all employers and their employees, and on self-employed persons -- the amounts owed by employees withheld from their paycheck.
What is a payroll tax?
200
A yearly shortfall between revenue and spending.
What is a deficit?
200
An amount decided upon by Congress and the President to determine how much will be spent each year on many individual government expenditures, including environment protection programs, aid to education, etc.
What is controllable spending?
200
The three major welfare programs that the government collects huge sums of money for are...
What are medicare, OASDI, and unemployment?
200
This happens when the government spends took much money...
What is borrow money from its investors?
300
A tax laid on the manufacturer, sale, or consumption of goods and/or the performance of services.
What is a excise tax?
300
A charge for borrowed money.
What is interest?
300
A benefit that federal law says must be paid to all those who meet the eligibility requirements
What is an entitlement?
300
Was exempt in 2006, 2007, and 2008.
What is $2 million?
300
In 2007, the Federal Government spent this much money.
What is $2.7 trillion?
400
A tax levied at a flat rate, without regard to the level of a tax payers income or ability to pay them.
What is a regressive tax?
400
All the money borrowed by the government that is not yet repaid.
What is public debt?
400
Spending that Congress and the President have no power to change directly.
What is uncontrollable spending?
400
A staff agency created by Congress in 1974.
What is CBO?
400
it takes this much from every man, woman, and child to support the Federal Government.
What is $8,000.
500
A tax on a gift by a living person.
What is a gift tax?
500
More income than spending.
What is a surplus?
500
The President's budget agency.
What is the OBM?
500
Congress passes this many bills each fiscal year.
What is thirteen?
500
The large sums of money get to the Treasury by this,