It is important because it does not balance on a yearly basis, but rather on economy cycles. This means that budget deficits and surpluses are accounted for in the budget according to what economic cycle the country is in. That's why the definition of surplus and deficit changes depending on how successful the economy is.
Answer:
It was James Madison (the 4th president of the USA)
Explanation:
He wrote the Bill of Rights for the constitution! (Sorry if wrong!)
<span>It forced the Germans to fight the war on two fronts.
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<span>The United States granted the Philippines independence but reserved the right to intervene in the nation if U.S.</span>
He forced a attack to retaliate on them
