The Budget Control Act of 2011, CRS Report R41965, August 19, 2011 (52-page PDF) Budget “Sequestration” and Selected Program Exemptions and Special Rules, CRS Report R42050, June 13, 2013 (35-page PDF) The Budget Control Act of 2011: Budgetary Effects of Proposals to Replace the FY2013 Sequester, CRS Report R42675, November 9, 2012 (15-page PDF) The … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Appropriation Act / Appropriation Bill / Continuing Resolution / Continuing Appropriations photo credit: BarelyFitz Appropriation Act: A statute, under the jurisdiction of the House and Senate Committees on Appropriations, that generally provides legal authority for federal agencies to incur obligations and to make payments out … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Appropriation / Cardinals of Congress David Hawkings’ Whiteboard: How Appropriations is Supposed to Work Appropriation: Provision of law that provides authority for federal agencies to obligate funds and to make payments out of the Treasury for specified purposes. Appropriations for the federal government … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Account / Appropriation Account photo credit: kenteegardin Hearing: Environmental Protection Agency Budget Account: A separate financial reporting unit for budget, management, and/or accounting purposes. All budgetary transactions are recorded in accounts, but not all accounts are budgetary in nature. Some accounts do not … Read more