the 1993 deficit reduction strategy, when combined with a healthy economy, resulted in reduced annual budget deficits. the federal government had a budget surplus for the first time since the 1960s

Respuesta :

Finance overlay is referred to as the budget surplus. Simply said, the total revenue collected across the whole federal budget exceeds the amount invested or assumed.

The federal government consists of what?

The U.S. Constitution grants Congress, the President, and the Federal courts, respectively, the authority to act as the legislative, executive, and judicial departments of the federal government.

What exactly does the federal government do?

What functions does the federal government have? Only the federal government has the authority to control domestic and international trade, declare war, and establish other national policies like as taxation and spending. Legislation from Congress, which consists of the 100-member U.S. Senate and the 435-member House of Representatives, is frequently the first step in these measures.

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