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Current Federal Essay Topics & Paper Examples

The Current Federal Budget

The United States federal budget is the proposal by the president of the United States to the congress, recommending the funding levels of the next year (fiscal year), which normally starts on October 1. The decisions concerning proposed federal budget that are made by the congress are governed by the legislation as well as the rules pertaining federal budget process. In the federal budget, the Budget Committees usually set the limits of spending of the House while the Senate Committees set the spending limits of the Appropriations Subcommittees. The Appropriations Subcommittees then approve each Appropriations Bill so as to allocate the funding to the various federal programs. Once the congress has approved the Appropriations Bill, they forward it to the…