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In-game screenshot. The player guides the country through an economic crisis and may choose to resolve the crisis by either continuing Soll's autarkic economic nationalist policy, pursuing a socialist planned economy that nationalizes large sections of Sordish industry, a mixed economy, or continuing former President Alphonso's attempted transition to laissez-faire capitalism.
Budget authority is the legal authority provided by federal law to enter into financial obligations that will result in immediate or future outlays involving federal government funds. Outlays refer to the issuance of checks, disbursement of cash or electronic transfer of funds made to liquidate a federal obligation and is usually synonymous ...
Control revolves around the Federal Bureau of Control (FBC), a clandestine U.S. government agency which investigates supernatural Altered World Events (AWEs). These AWEs are affected by the human collective unconscious and have a variety of "paranatural" effects, including the creation of Objects of Power, archetypal items which grant special abilities to their wielders.
The National Commission on Fiscal Responsibility and Reform (often called Simpson–Bowles or Bowles–Simpson from the names of co-chairs Alan Simpson and Erskine Bowles; or NCFRR) was a bipartisan Presidential Commission on deficit reduction, [1] created in 2010 by President Barack Obama to identify "policies to improve the fiscal situation in the medium term and to achieve fiscal ...
The United States House Committee on the Budget, commonly known as the House Budget Committee, is a standing committee of the United States House of Representatives.Its responsibilities include legislative oversight of the federal budget process, reviewing all bills and resolutions on the budget, and monitoring agencies and programs funded outside of the budgetary process.
H.R.2560 – Cut, Cap, and Balance Act of 2011 (Full Text), proposed Cap-and-Balance-Budget Amendment approved by the U.S. House of Representatives on July 19, 2011; Compact for America, streamlined Article V balanced budget amendment approach via interstate compact; Cato Institute's Policy Analysis and Proposal of the Balance-Budget Veto Amendment
The Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985 [1] and the Balanced Budget and Emergency Deficit Control Reaffirmation Act of 1987 [2] (both often known as Gramm–Rudman) were the first binding spending constraints on the federal budget.
Fiscal year 2018 (FY 2018) ran from October 1, 2017 through September 30, 2018. It was the first fiscal year budgeted by President Trump. The budget deficit increased from $665 billion in 2017 to $779 billion in 2018, an increase of $114 billion or 17%. The budget deficit increased from 3.5% GDP in 2017 to 3.9% GDP in 2018.