Across
- 3. Clue: Occurs when government revenues exceed expenditures, resulting in extra funds.
- 6. Clue: A levy imposed on the profits of corporations, contributing to government revenue.
- 7. Clue: A situation where the government faces significant financial challenges, often leading to urgent decision-making.
- 8. Clue: The annual process of creating, implementing, and monitoring a government's financial plan.
- 9. Clue: A temporary funding measure that allows the government to function when a formal budget has not been enacted.
Down
- 1. Clue: A formal submission outlining the government's financial plan for a specific period.
- 2. Clue: Expenditures that are not mandated by law and can be adjusted annually by decision-makers.
- 3. Clue: A formal congressional decision that establishes the budgetary parameters for a fiscal year.
- 4. Clue: A financial plan where expenditures do not exceed revenues, resulting in no deficit.
- 5. Clue: The practice of spending more money than the government receives in revenue, leading to a budget deficit.