From 2009 to 2012,the federal budget deficits were the largest budget shortfalls since World War II.The primary reason for the record-large deficits was
A)the recession experienced during this time.
B)severe budget tightening by members of Congress.
C)the shift in political power from Republicans to Democrats.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

The recession that began in 2008 had a significant impact on federal revenues and increased government spending on safety net programs, resulting in a larger budget deficit. Severe budget tightening by Congress, in fact, would have reduced the deficit. The shift in political power from Republicans to Democrats could have had an impact, but it is unlikely to be a primary reason for the deficits. Therefore, A is the best choice.

From 2009 to 2012,the Federal Budget Deficits Were the Largest