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24 Cards in this Set
- Front
- Back
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WHO |
Nerve center of the executive branch, Chief of state directs |
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OMB |
Office of managment and budget: prepares the president's budget |
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NSC |
National security council : advises president on domestic and foreign matters and military matters |
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CEA |
Council of Economic Advisors: advises president of the economy |
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OHS |
Office of Homeland Security: protects us from domestic terrorist |
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ONDCP |
Office of National Drug Control Policy: prepares National Drug Control Policy fights the war on drugs |
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Bureaucracy |
Large complex administrative structure that handles everyday business of an organisation |
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Three principles of bureaucracy |
Number one hierarchical Authority Number to job specialization Number 3 formalized rules |
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Independent executive agencies |
Under direct control of executive office organized like a cabinet but don't have cabinet status |
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Independent regulatory commissions |
Beyond the reach of the president's control monitors important aspects of the economy |
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Quasi legislative |
Allowed to make rules and regulations I have the weight of law |
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Quasi judicial |
Can settle disputes within the framework |
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Government corporations |
Within the executive branch and subject to the president's direct control example Postal Service carries out business of the government |
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Two limits on taxing |
1. all taxes must be used for public purpose 2. no import tax |
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Two types of income tax |
1. direct tax tax that must be paid by individual 2. Indirect tax tax that is shifted by the direct tax |
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3 social insurance taxes |
Social Security, Medicare, unemployment |
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Excise tax |
Text later on the manufacture, sale or consumption of good and / or the performance of service |
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Estate and gift tax |
Estate: tax on the assets of someone who has died, first 1.5 million is exempt Give tax semikolon a momentary give to a living person, gift of 11,000 is tax free |
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Custom and duties |
Tax laid on goods from another country |
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Deficit spending / public debt |
Deficit spending: government spending more money than they have Public debt: amount that the government is in debt |
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Federal budget |
Annual budget making |
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President and the budget |
Agencies prepare detailed estimate of its spending for the next year number one estimates are submitted to OMB number 2. the President's budget is sent to Congress |
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Fiscal year |
Year for taxi or accounting purposes |
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Emergency spending |
Money given to the president when needed in case budget is spent |
