POLI SCI 219 Study Guide - Final Guide: Regressive Tax, Tax Expenditure, Aid To Families With Dependent Children
Document Summary
Political science 219 public policy final exam study guide. Goals- determine the results of program, determine results. Budget institutions: legislative side- committees, appropriations, support staff. To congress- budget committees 1) resolution 2) appropriation. Reconciliation- result is that they have to cut it to get everyone to agree. Sequester and order ( typically just one) Executive branch- president & staff, omb, agency budget offices. Budget is crucial- major policy tool, agencies use budget for allocation, presidential authority is extensive, and war has helped shape these powers. Legislative side= house, senate finance, joint committee on taxation, staff. Executive side= president, irs, and treasury office of tax analysis. Normal- temporal & incremental huge number of loop holes tax expenditures . Taxation- standard practice- so many levers that can be tweaked- final result is so complex and full of privileges, it can"t be understood. Economic policy: goal to control inflation and unemployment. Institutions: federal reserve board 7 members, congress, treasury.
