Question

While the responsibility for making fiscal policy lies with ________, the administration of fiscal policy occurs primarily in the ________?

Answer 1

The first blank, the answer is congress and the second blank is the Treasury Department. In the United States, fiscal policy is coordinated by the official and authoritative branches. In the official branch, the two most powerful workplaces have a place with the president and the Treasury Department, albeit contemporary presidents regularly depend on a chamber of monetary counselors. The U.S. Congress passes laws and appropriates spending for any monetary approach measures. This includes support, pondering and endorsement from both the House of Representatives and the Senate.