Why does the budget require a forecast of the economy

Reference no: EM13751057

Question #1:

(The Federal Budget Process) Why does the budget require a forecast of the economy? Under what circumstances would actual government spending and tax revenue fail to match the budget as approved?

Question #2:

(Federal Debt) What has happened to the federal debt since 2008 as measured realative to GDP?

Reference no: EM13751057

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