Question

Contrast the process of creating and passing a local budget compared to a federal budget ?

Answer 1

Answer: Thats the sampal response

There are very few differences between passing a local budget and passing the federal budget. One is that the budget at the local level has fewer appropriations (2) than the federal budget (13). Also, a local budget becomes law once the legislature (usually a city council) approves it. On the federal level, the budget does not become law until the chief executive (the President of the United States) signs it into law.

Step-by-step explanation:

Answer 2

The following are two key differences in the process of creating and passing a local budget compared to a federal budget:

1. While the process of creating and passing a local or state budget requires balancing budgets, the process for creating a federal budget allows the government to borrow money when faced with a deficit.

2. The process of creating a federal budget allows the creation and printing of cash money in certain circumstances when required; whereas, local governments are not permitted to do the same.