Here is the synopsis of our sample research paper on The U.S. Federal Budget. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
A 7 page paper that responds to specific questions. The paper explains expenditures, expenses, encumbrances, government capital project, general and proprietary funds. The paper also discusses the government's main sources of revenue, how the budget is developed, long-range and short-range spending plans, which departments receive the most money, and how policy translates into spending. Bibliography lists 8 sources.
Page Count:
7 pages (~225 words per page)
File: MM12_PGfdbdg.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
is what it costs to produce a good or service. It is also an outlay of resources but it pays for the organization to carry out certain activities. An encumbrance
is not an immediate outlay of resources, rather, it is a commitment that has been made to pay for items or services when they are delivered. An encumbrance may be
the amount that the organization expects to pay for goods or services when they are completed. b. Governments capital project, general, and proprietary funds Capital project funds are those
the government intends to use in construction projects (Henrico County, 2008). One example is the national highway system, another is national parks and another is actual facilities needed for programs
and offices. The general fund is accounts for the revenue and expenditures of the government that are not accounted for in other categories (Henrico County, 2008). Revenue includes income taxes
and sales taxes. Proprietary funds are those that are intended to pay for specific services to the public (Henrico County, 2008). The government expects to college this amount through fees
or other costs to the user (Henrico County, 2008). The national park system comes to mind as an example - people using national parks often pay a fee to enter
the park and/or to use certain services, such as campgrounds. c. Analyze the Federal Budget 1. Main Revenue Source The federal government has several sources of revenue. The largest
of these is Income Taxes, which is forecast at ($ billion) 1,598.3 for Fiscal Year 2009 (Chantrill, 2008). Social Insurance Taxes total $947.3; and Excise and Sales Taxes total $68.9
(usgovernmentrevenue.com, 2008). Remember, those numbers are in billions of dollars. The total revenue expected for Fiscal 2009 is $2,699.9 (Chantrill, 2008). Proportionately, 45 percent of revenue comes from individual income
...