The authors describe Texas as a “pay-as-you-go” state. What does the phrase “pay as you go” mean?
a. The state of Texas does not create an annual budget; it creates a monthly budget.
b. The Texas Constitution requires a balanced budget, thus limiting debt.
c. All spending in the budget must be tied to a specific revenue source.
d. The Texas budget must get approval from the U.S. Department of the Treasury.
b. The Texas Constitution requires a balanced budget, thus limiting debt.
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Discuss the major differences between the last four of Texas's constitutions, and explain the reasons for these differences.
What will be an ideal response?
Which of the "Topic in Countries" cases combines the principle of subsidiarity and welfare state protections?
a. India b. Germany c. Iran d. Russia e. China
What is the fiscal cliff and how did it affect the United States?
What will be an ideal response?
Research suggests that most reporting is systematically biased in a liberal direction
Indicate whether the statement is true or false