Glossary

baseline budgeting	Using last year's budgeted figure to set this years budgeted figure.



continuing resolution	A bill passed by Congress and signed by the president that allows the government to temporarily spend money in a fashion identical to the previous year.



crowding out	The opportunity cost of government spending is that private spending is reduced.



current-services budgeting	Using an estimate of the costs of providing the same level of services next year as last.



discretionary spending	Budget items for which an annual appropriations bill must be passed so that money can be spent.



mandatory spending	Budget items for which a previously passed law requires that money be spent.

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