From the Congressional Glossary – Including Legislative and Budget Terms
photo credit: smudie
Outlays are payments made (generally through the issuance of checks or disbursement of cash) to liquidate obligations.
The issuance of checks, disbursement of cash, or electronic transfer of funds made to liquidate a federal obligation. Outlays also occur when interest on the Treasury debt held by the public accrues and when the government issues bonds, notes, debentures, monetary credits, or other cash-equivalent instruments in order to liquidate obligations. Also, under credit reform, the credit subsidy cost is recorded as an outlay when a direct or guaranteed loan is disbursed. An outlay is not recorded for repayment of debt principal, disbursements to the public by federal credit programs for direct loan obligations and loan guarantee commitments made in fiscal year 1992 or later, disbursements from deposit funds, and refunds of receipts that result from overpayments.
Outlays during a fiscal year may be for payment of obligations incurred in prior years (prior-year obligations) or in the same year. Outlays, therefore, flow in part from unexpended balances of prior-year budgetary resources and in part from budgetary resources provided for the year in which the money is spent.
Outlays are stated both gross and net of offsetting collections. (See Offsetting Collections under Collections.) Total government outlays include outlays of off-budget federal entities.
- Direct Spending / Mandatory Spending (CongressionalGlossary.com)
- Discretionary / Discretionary Spending (CongressionalGlossary.com)
- Monthly Treasury Statement
- Obligation (CongressionalGlossary.com)
- Chapter 7.C. The Congressional Budget Resolution; in Congressional Procedure
Discretionary and mandatory outlays of the US Federal Government
- Combined Statement of Receipts, Outlays, and Balances, Current Report – Treasury
- Statistical Abstract: Federal Gov’t Finances & Employment: Federal Budget–Receipts, Outlays, and Debt – Census Bureau
- Historical Tables – OMB
- Distortions versus Outlays – Sallie James
- “Federal Spending by Agency and Budget Function, FY2001-FY2006,” CRS Report RL33228 (20-page PDF)
- “Trends in Discretionary Spending,” CRS Report RL34424 (52-page PDF)
- “The Largest Spending Programs in the Federal Budget: FY2002 Outlays Over $10 Billion,” CRS Report 98-319 (3-page PDF)
- “Federal Spending Programs Exceeding $10 Billion in Outlays in FY2006,” CRS Report RS22426 (3-page PDF)
- “Proposed and Actual Budget Totals for the Fiscal Years 1980 Through 2001,” CRS Report RS20034 (8-page PDF)
- “Savings in Mandatory Outlays in Selected Reconciliation Acts,” CRS Report RS22277 (8-page PDF)
- “Medicare Primer,” CRS Report R40425 (47-page PDF)
- “Interest Payments on the Federal Debt: A Primer,” CRS Report RS22354 (11-page PDF)
Expenditures Versus Expenses | Governmental Accounting | CPA exam FAR
- Congressional Operations Briefing – Capitol Hill Workshop
- Drafting Federal Legislation and Amendments
- Writing for Government and Business: Critical Thinking and Writing
- Custom, On-Site Training
- Congressional Operations Poster, with Federal Budget Process Flowchart
- Federal Budgeting, a Five-Course series on CD
- Congress, the Legislative Process, and the Fundamentals of Lawmaking Series, a Nine-Course series on CD
The Federal Budget Process 2E
Citizen’s Handbook to Influencing Elected Officials: A Guide for Citizen Lobbyists and Grassroots Advocates
CongressionalGlossary.com, from TheCapitol.Net
For more than 40 years, TheCapitol.Net and its predecessor, Congressional Quarterly Executive Conferences, have been teaching professionals from government, military, business, and NGOs about the dynamics and operations of the legislative and executive branches and how to work with them.
Our custom on-site and online training, publications, and audio courses include congressional operations, legislative and budget process, communication and advocacy, media and public relations, testifying before Congress, research skills, legislative drafting, critical thinking and writing, and more.
TheCapitol.Net is on the GSA Schedule, MAS, for custom on-site and online training. GSA Contract GS02F0192X
TheCapitol.Net is a non-partisan small business.
Teaching how Washington and Congress work ™