Economy Budget

Budgets are for

• Households

• Governments

• Both

Making a budget can include

• Choices

• Spending cuts

• Both

Mandatory spending includes money for

• Defense

• Social security

• Both

Discretionary spending is

• Congress's choice

• Required by law

• Both

Those who get a say in the federal budget include

• The president

• Congress

• Both

Securities are

• IOUs

• A way to make money

• Both

The world sees U.S. government securities as

• Risky

• Trustworthy

• Both

Most people think the government should operate at a

• Surplus

• Deficit

• Both

Borrowed money must be paid back with

• Securities

• Interest

• Both

When it comes to government, spending people usually

• Agree

• Disagree

• Both