Advanced Federal Budget Process photo credit: Mr. T in DC In this 2-day course, learn how the federal budget process really works from faculty members with years of subject-matter expertise. Study important terminology and get tips to protect your budgetary interests. We provide a comprehensive overview of current budget politics and the federal budgeting process. … Read more
Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. The Micawber Principle, Wilkins Micawber in Charles Dickens’ 1850 novel David Copperfield. . . . . . . . . .
Federal assistance provided to states, local governments and Indian tribes can take the form of grants, loans, loan guarantees and tax subsidies. Such assistance is intended to provide these entities with the ability to address national objectives. photo credit: CountyLemonade One of the most common forms of financial support provided to states and localities is … Read more
The federal budget process typically involves a rather complex series of legislative and executive procedures and various financial transactions. photo credit: Evelyn Proimos The term Revenue refers to income that is received by the federal government. (The executive branch also uses receipts as a term for revenue.) Revenue may be raised from a variety of … Read more
The President’s Budget This course, held each year in mid-February, focuses on the President’s next fiscal year budget proposal released in early February. Our faculty discuss the policy initiatives of the President and how Congress will respond to them. photo credit: 4nitsirk Attendees participate in a comprehensive overview and analysis of the President’s most current … Read more
The president submits a proposed budget to Congress on the first Monday in February, although there can be some flexibility regarding the actual date of this submission. photo credit: mackarus Known as the President’s Budget, this request to Congress is used as the basis for reports prepared by congressional budget committee members and staff. Appropriations … Read more
The President’s Budget This course, held each year in mid-February, focuses on the President’s next fiscal year budget proposal released in early February. Our faculty discuss the policy initiatives of the President and how Congress will respond to them. photo credit: espensorvik Attendees participate in a comprehensive overview and analysis of the President’s most current … Read more
Congress has utilized reconciliation more often than not, beginning in 1980. This special type of legislation is often used for implementing significant budget policies and for bringing existing revenue and spending law in line with policies in a budget resolution. Although reconciliation is an entirely optional process, it has been increasingly used in recent years. … Read more
The President’s Budget This course, held each year in mid-February, focuses on the President’s next fiscal year budget proposal released in early February. Our faculty discuss the policy initiatives of the President and how Congress will respond to them. photo credit: ewan traveler Attendees participate in a comprehensive overview and analysis of the President’s most … Read more
Title III of the Congressional Budget Act requires that the President submit his proposed budget to Congress no later than the first Monday in February. The President’s budget is actually only a request made to Congress, and Congress is under no obligation to adopt the budget or consider the recommendations of the President. photo credit: … Read more