WorksheetsFederal, State and Local Spending
Total questions: 11
Worksheet time: 6mins
Money that Congress is MANDATED or required by existing law to spend on certain programs or to use for interest payment on the national debt.
mandatory spending
discretionary spending
entitlements
tariffs
Spending about which lawmakers are free to make choices, such as defense and education
mandatory spending
discretionary spending
entitlements
tariffs
Social welfare programs that people are"entitled to" and benefit from if they meet certain eligibility requirements, such as being at a particular income level, or age.
mandatory spending
discretionary spending
entitlements
tariffs
an estimate of future revenues and expenses.
budget
real property
personal property
tax exempt
the plan for day-to-day spending needs
budget
operating budget
capital budget
real property
plan to pay for major capital, or investment, spending
budget
operating budget
capital budget
balanced budget
budget in which revenue equal to spending
budget
operating budget
capital budget
balanced budget
not subject to taxes
balanced budget
balanced budget
tax exempt
tax assessor
land and any permanent structures on land which a person has legal title
real property
personal property
tax exempt
tax assessor
movable possessions or assets - such as jewelry, furniture, and boats.
real property
personal property
tax exempt
tax assessor
an official that determines the value of the property
personal property
real property
tax assessor
balanced budget
