Check my answers 2. what does congressional power of the purse refer to?
a. congress taxes all individuals who earn money in the us
b. congress taxes all corporations who make a profit in the us
c. congress finances the federal government and all its programs
d. congress supplies money to state and local governments to fund their programs
my answer is a 3. without significant intervention from congress what will likely happen to the public debt in the next five years ?
a. it will rise to an all-time high b. it will decline to an all time low c. it will stabilize d. it will continue to fluctuate wildly my answer is d