How are presidential programs funded ?
Correct answer: C. By Congress
- A. By foreign nations
- B. By government investments
- C. By Congress
- D. By withdrawals from the Treasury Department
Explanation
Presidential programs require appropriations, and under the U.S. Constitution Congress controls federal spending. The president may propose programs, but cannot fund them independently by withdrawing money from the Treasury.
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About Public Finance
Government revenue and expenditure are analysed through taxation, public borrowing, budgets, subsidies, transfers and public debt. The topic explains how fiscal policy affects resource allocation, income distribution, economic stability and growth, while distinguishing direct from indirect taxes, progressive from regressive taxation, and public goods from goods supplied by private markets.
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