Borrowing Power – Article I Section 8, Clause 2 of the Constitution

The United States Constitution The Borrowing Clause is one of Congress’ enumerated powers found in the Constitution of the United States, Article. I. Section. 8., clause 2: (Clause 2 – Borrowing power) [The Congress shall have Power] To borrow Money on the credit of the United States;       Deficits & Debts: Crash Course … Read more

Taxing and Spending Power – Article I Section 8, Clause 1 of the Constitution

The United States Constitution Also see “Amendment 16 (Sixteenth Amendment – Income Tax)“ The Taxing and Spending Clause is found in the Constitution of the United States, Article. I. Section. 8., clause 1: (Clause 1 – Power to tax and spend) [The Congress shall have Power] To lay and collect Taxes, Duties, Imposts and Excises, … Read more

The Budget Reconciliation Process: The Senate’s “Byrd Rule”

The Budget Reconciliation Process: The Senate’s “Byrd Rule” Reconciliation From The Federal Budget Process The Federal Budget Process:A description of the federal and congressional budget processes, including timelines Compiled by TheCapitol.Net Authors: Sandy Streeter, James Saturno, Bill Heniff Jr., and Robert Keith Budgeting for the federal government is an enormously complex process. It entails dozens … Read more

The Constitution of the United States, Article. I. Section. 8. Powers of Congress

The United States Constitution Article. I. (The Legislative Branch) Section. 8. (Powers of Congress) (Clause 1 – Power to tax and spend) The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all … Read more

Omnibus Bill (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Omnibus Bill: A measure that combines the provisions related to several disparate subjects into a single measure. Examples include continuing appropriations resolutions that might contain two or more of the twelve annual appropriations bills. See the 12 Subcommittees of the House Committee on Appropriations. The … Read more

President Obama’s Management Agenda

The Obama administration will overhaul the Bush administration’s methods of evaluating program performance of federal agencies according to recently released budget documents. Contained in the section, “Building a High-Performing Government” of the analytical perspectives volume of the fiscal 2010 budget, the Obama administration set forth its plan to replace the Performance Assessment Rating Tool (PART) … Read more

The Federal Budget Process: A description of the federal and congressional budget processes, including timelines

The Federal Budget Process: A description of the federal and congressional budget processes, including timelines Budgeting for the federal government is an enormously complex process. It entails dozens of subprocesses, countless rules and procedures, the efforts of tens of thousands of staff persons in the executive and legislative branches, and the active participation of the … Read more

The Budget Reconciliation Process

Reconciliation legislation is used by Congress to bring existing revenue and spending law into conformity with the policies in a budget resolution. Reconciliation is an optional process, but since 1980, Congress has used reconciliation legislation to implement many of its most significant budget policies. The reconciliation process has two stages–the adoption of reconciliation directives in … Read more