Which of the following is true of the federal budget process in the U.S.?a. Detailed budgeting allows the party in power to reward supporters.b. Congress approves a budget that separates the capital budget and the operating budget.c. Most federal outlays are determined by existing laws.d. Congress must approve a budget with at least a two-thirds majority vote.e. The federal budget must be balanced each year because the volume of international trade reduces if the government has a surplus or a deficit.

The federal budget is considered as the estimation of the government revenue and spending for each…

Vhich of the following is true of the federal budget process in the U.S.? O a. Detailed budgeting allows the party in power to reward supporters. O b. Congress approves a budget that separates the capital budget and the operating budget. O . Most federal outlays are determined by existing laws. O d. Congress must approve a budget with at least a two-thirds majority vote. O e. The federal budget must be balanced each year because the volume of international trade reduces if the government has a surplus or a deficit.