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United States federal budget: Difference between revisions

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* ] - $1.6 trillion (submitted 1995 by ]) * ] - $1.6 trillion (submitted 1995 by ])


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Revision as of 18:04, 21 May 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.

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:

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References

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