Business, 08.12.2019 06:31 numb2000

Read the passage. then answer the question that follows.

after midterm elections, a new political party took power in congress. unhappy with the previous ruling party's governing and the presidential administration's mishandling of the budget, congress passed their own law funding the government by a two-thirds majority, over the president's veto. congress refused to increase the military budget and reduced subsidies to corporate farms. further legislation increased the tax rate on individuals making over $250,000 per year and families making over $500,000.

what is the most likely effect of congress's actions?

group of answer choices

the government will operate with a budget surplus and the national debt will grow.

the government will operate with a budget deficit and the national debt will grow.

the government will operate with a budget deficit and the national debt will shrink.

the government will operate with a budget surplus and the national debt will shrink.

Answers: 2

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after midterm elections, a new...

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