Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z 

United States budget process

United States budget process Definition

The process of creating the budget for the United States Government is sometimes known as the budget process.

The budget process begins when the President of the United States presents his budget to Congress. This document is used as a guideline, not an ironclad document. Then, the House and Senate Budget Committees each produce their own budget guidelines. The actual spending for each year is finally produced in the Appropriations Committee, whose members wield a great deal of power in Congress.







Ask a Question

Learn the famous formula for money-making, based upon the THIRTEEN PROVEN STEPS TO RICHES! Get your FREE Copy & Instant Access to Think and Grow Rich by Napoleon Hill just by signing up.
 
   
Newsletter cover
Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z