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United States federal budget

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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.

Each year, on the first Monday in January, 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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