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What does the Cabinet do in terms of budget?

  1. Evaluates foreign budgets

  2. Prepares the country's budget

  3. Reviews corporate budgets

  4. Adjusts individual taxes

The correct answer is: Prepares the country's budget

The Cabinet does not evaluate foreign budgets (option A) or corporate budgets (option C). It is not responsible for adjusting individual taxes (option D) either. The Cabinet is responsible for advising the President on the country's budget and preparing a budget proposal to be submitted to Congress for approval.