Terms : Hide Images
| 9479900028 | Affordable Care Act | legislation passed in 2010 that changed how Americans enroll in and receive healthcare coverage. | 0 | |
| 9479900029 | agenda | list of bills that can improve society | 1 | |
| 9479900030 | Balanced Budget Amendment | a constitutional rule requiring that a state cannot spend more than its income | 2 | |
| 9479900031 | bonds | issued by a national government, generally with a promise to pay periodic interest payments and to repay the face value on the maturity date. | 3 | |
| 9479900032 | Clean Air Act | a United States federal law designed to control air pollution on a national level | 4 | |
| 9479900033 | Clean Water Act | a U.S. federal law that regulates the discharge of pollutants into the nation's surface waters, including lakes, rivers, streams, wetlands, and coastal areas | 5 | |
| 9479900034 | Congressional Budget and Impoundment Control Act | modified the role of Congress in the federal budgetary process. It created standing budget committees in both the House and the Senate, established the Congressional Budget Office, and moved the beginning of the fiscal year from July 1 to October 1. | 6 | |
| 9479900035 | Debt | something, typically money, that is owed or due. | 7 | |
| 9479900036 | deficit | the amount by which something, especially a sum of money, is too small. | 8 | |
| 9479900037 | discretionary spending | Spending by consumers on things that they want to buy rather than on things they need such as housing or food spending by a company or organization that can easily be increased or reduced, for example on advertising or developing new products | 9 | |
| 9479900038 | elite theory | a theory of the state which seeks to describe and explain the power relationships in contemporary society. | 10 | |
| 9479900039 | entitlements | the federal government include Medicaid, Medicare, Social Security, Unemployment and Welfare Programs. Entitlement programs are rights granted to citizens and certain non-citizens by federal law. | 11 | |
| 9479900040 | excise tax | taxes paid when purchases are made on a specific good, such as gasoline | 12 | |
| 9479900041 | Federal Reserve Board | is a seven-member body that governs the Federal Reserve System, the U.S. central bank in charge of making the country's monetary policy. | 13 | |
| 9479900042 | fiscal year | a year as reckoned for taxing or accounting purposes, starts October 1st | 14 | |
| 9479900043 | House Ways and Means Committee | the oldest committee of the United States Congress, and is the chief tax-writing committee in the House of Representatives. | 15 | |
| 9479900044 | inflation | rising prices | 16 | |
| 9479900045 | mandatory spending | government spending on certain programs that are required by existing law. | 17 | |
| 9479900046 | medicare | assists in providing health care services for the elderly | 18 | |
| 9479900047 | medicaid | assists in providing health care services for the poor | 19 | |
| 9479900048 | monetary policy | t involves management of money supply and interest rate and is the demand side economic policy used by the government of a country to achieve macroeconomic objectives like inflation, consumption, growth and liquidity. | 20 | |
| 9479900049 | progressive tax | higher taxes on individuals with higher income | 21 | |
| 9479900050 | regressive tax | higher taxes on individuals with lower incomes | 22 | |
| 9479900051 | flat tax | equal tax for all incomes | 23 | |
| 9479900052 | 16th amendment | allows for income tax | 24 |
