QUESTION IMAGE
Question
multiple select question
select all that apply
what did the congressional budget and impoundment control act of 1974 accomplish? (check all that apply.)
□ it established permanent budget committees in each chamber.
□ it set up the office of management and budget.
□ it established the department of the treasury.
□ it limited the presidents ability to impound funds.
□ it required congress to pass a balanced federal budget each year.
□ it set up the congressional budget office.
- The Congressional Budget and Impoundment Control Act of 1974 established permanent budget committees in both the House and Senate (first option is correct).
- The Office of Management and Budget was established before this act (second option is incorrect).
- The Department of the Treasury was established much earlier (third option is incorrect).
- A key part of the act was to limit the president's ability to impound funds (fourth option is correct).
- The act did not require a balanced budget yearly (fifth option is incorrect).
- The act set up the Congressional Budget Office (sixth option is correct).
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A. It established permanent budget committees in each chamber.
D. It limited the president's ability to impound funds.
F. It set up the Congressional Budget Office.