The role and function of budgeting

  Discuss how the role and function of budgeting has been utilized to correct externalities and other market failures. Additionally, justify the use of taxpayer resources to correct externalities and other market failures. 1-Summarize the role of the government in the budget process. 2-Analyze the role of the government in correcting externalities and other market failures. 3- Justify the use of taxpayer resources to correct externalities and other market failures.