1. Government Spending & Budget
Instead, they produced a fiscal budget that passed both houses of Congress, only to be stalemated by a stubborn Democratic President Clinton. ... As of current fiscal years budget, the United States government spends $1.64 trillion yearly. $500 billion of that, or 1/3 of the total, is for discretionary spending (Rau M-1). ... Agricultural policies were also reformed and embedded into budget-reconciliation bills (Hosansky 3730). ... Under Federal law, the President is required to submit budget requests in 2 forms: Budget Authority (BA), the amount of new federal commitments fo...
- Word Count: 2844
- Approx Pages: 11
- Grade Level: High School