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vnaust vnaust
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2 years ago
Which of the following is a characteristic of the Gramm-Rudman Act?

▸ It called for automatic 10% cuts on existing programs if Congress couldn’t move toward a balanced budget in a given year.

▸ It established the organizational structure of the House and Senate Budget Committees.

▸ It established a flat tax for those citizens who earn less than $10,000 per year and a progressive tax for those who earn more than $10,000 per year.

▸ It gave the Federal Reserve the power to control both monetary and fiscal policy for purposes of objectivity.
Textbook 
Keeping the Republic: Power and Citizenship in American Politics

Keeping the Republic: Power and Citizenship in American Politics


Edition: 9th
Authors:
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KimbletonKimbleton
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2 years ago
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vnaust Author
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2 years ago
Good timing, thanks!
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Yesterday
You make an excellent tutor!
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2 hours ago
Smart ... Thanks!
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