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3 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Office of Management and Budget (BMO) |
Organization responsible for preparing the federal budget and for central clearance of legislative proposals from federal agencies. |
The office of Management and Budget works with federal agencies like cabinet members associated with the President. |
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Congressional Budget Office (CBO) |
Staff agency that advises Congress about economic effect of different spending programs and provides information on the costs of the proposed policies. |
The Congressional Budget Office focuses on economic forecasting and fiscal policy analysis. |
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Expenditures |
Federal spending of revenues. Major areas like spending are social services and the military. |
The annual Expenditure on tobacco was 5s. |
