Search results
Results from the WOW.Com Content Network
Traditionally, regular appropriations bills have provided most of the federal government's annual funding. [4] The text of the bill is divided into "accounts" with some larger agencies having several separate accounts (for things like salaries or research/development) and some smaller agencies just having one. [4]
An appropriation bill, also known as supply bill or spending bill, is a proposed law that authorizes the expenditure of government funds. It is a bill that sets money aside for specific spending. [1] In some democracies, approval of the legislature is necessary for the government to spend money.
In the Senate, the bill is placed on the desk of the presiding officer. [6] The bill must bear the signature of the member introducing it to verify that the member actually intended to introduce the bill. The member is then called the sponsor of that bill. That member may add the names of other members onto the bill who also support it.
Also known as entitlement spending, in US fiscal policy, mandatory spending is government spending on certain programs that are required by law. [1] Congress established mandatory programs under authorization laws. Congress legislates spending for mandatory programs outside of the annual appropriations bill process. Congress can only reduce the ...
A government budget is prepared by the Central government or other political entity. In most parliamentary systems, the budget is presented to the legislature and often requires approval of the legislature. The government implements economic policy through this budget and realizes its program priorities. Once the budget is approved, the use of ...
Please wait a moment and reload the page learn more. Try again. Copyright © 2022 Yahoo. All rights reserved.
In economics, a federal budget is the major plan for a federal government's estimated future revenues and spending for the coming fiscal year. [1] The federal budget is representation of the financial plan for the goals and activities of the government which in turn reflects the debates surrounding the various economical principles and ideas.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!