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The '''United States federal budget''' is a federal document which outlines funding recommendations for the next ], which begins on October 1st. The American Congress develops a budget resolution, based on recommendations from the ], and approves individual ]s to allocate fundings to various federal programs recommended in the budget. The '''United States federal budget''' is a federal document which outlines funding recommendations for the next ], which begins on October 1st. The American Congress develops a budget resolution, based on recommendations from the ], and approves individual ]s to allocate fundings to various federal programs recommended in the budget.



The figures in the President's budget that is ''submitted to congress'' do not necessarily match those of the final budget as ''appropriated by congress''.
== The President's Budget ==

The figures in the President's budget that is ''submitted to congress'' do not necessarily match those of the final budget as ''appropriated by congress''. There is often significant disparity between the two. The President's budget also contains only ''projections'' for revenue and the resulting surplus or deficit. '''Actual budget data''' for prior years is available from the '''Congressional Budget Office'''


Each year, on the first Monday in February, the President of the United States submits his budget request to Congress for the following fiscal year: Each year, on the first Monday in February, the President of the United States submits his budget request to Congress for the following fiscal year:

Revision as of 01:15, 27 July 2007

The United States federal budget is a federal document which outlines funding recommendations for the next fiscal year, which begins on October 1st. The American Congress develops a budget resolution, based on recommendations from the President, and approves individual appropriations bills to allocate fundings to various federal programs recommended in the budget.


The President's Budget

The figures in the President's budget that is submitted to congress do not necessarily match those of the final budget as appropriated by congress. There is often significant disparity between the two. The President's budget also contains only projections for revenue and the resulting surplus or deficit. Actual budget data for prior years is available from the Congressional Budget Office

Each year, on the first Monday in February, the President of the United States submits his budget request to Congress for the following fiscal year:

See also

External links

References

  1. http://www.cnn.com/2007/POLITICS/02/05/bush.budget.ap/index.html
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