Government Finance

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Across
  1. 3. When the government borrows money by selling ____
  2. 8. Taxes people pay on the land and houses they own
  3. 10. General tax levied on consumer's purchases of nearly all products
  4. 12. Social Security, National Defense, Income Security, Medicare, and Health are all _____
  5. 15. Most important resources of state government revenues
  6. 17. Programs that help citizens who meet established eligibility requirements (i.e health, nutritional, income)
  7. 18. Takes the same percentage of tac from anyone no matter how much they make
  8. 19. Spending equal revenues
Down
  1. 1. Government expenditures that must be approved yearly
  2. 2. Tax rate that increases as income increases
  3. 4. Laws that approve spending got a particular activity
  4. 5. Money the government has borrowed and hasn’t paid back
  5. 6. When the government spends more than it collects in revenue
  6. 7. Programs that begin working to stimulate the economy as soon as needer
  7. 9. State spending on their citizen's education
  8. 11. Spending that does not need annual approval
  9. 13. The percentage of tax you pay decreases as you make more money
  10. 14. Tax levied by the government directly on your income
  11. 16. Second largest category of federal expenditures