Tag: Budget Control Act

Federal Budget Process – CRS Reports

Federal Budget Process – CRS Reports

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 […]

Understanding Congressional Budgeting and Appropriations, 1-day course in DC, from TheCapitol.Net

Understanding Congressional Budgeting and Appropriations, 1-day course in DC, from TheCapitol.Net

Understanding Congressional Budgeting and AppropriationsFederal Budgeting in the Age of Deficits Who has the most to gain in the budgeting process? Where are you most effective? Where does your power lie in the budget process? Topics covered include The Budget Control Act of 2011 and Sequestration and the President’s Budget submission. This real-world overview of […]

Statutory Limit on the Public Debt / Budget Control Act of 2011 (CongressionalGlossary.com)

Statutory Limit on the Public Debt / Budget Control Act of 2011 (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Statutory Limit on the Public Debt / Budget Control Act of 2011 The maximum amount, established in law, of public debt that can be outstanding. The debt limit covers virtually all debt incurred by the Federal Government (primarily the Treasury Department), including borrowing from trust […]

Budget Enforcement Act of 1990 (CongressionalGlossary.com)

Budget Enforcement Act of 1990 (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Budget Enforcement Act of 1990 P.O. Arnäs The Budget Enforcement Act of 1990, Pub. L. No. 101-508, title XIII, 104 Stat. 1388, 1388-573 (Nov. 5, 1990), was adopted to replace the Gramm-Rudman-Hollings Act of 1987, as a response to the budget crisis that persisted through […]

Public Debt / Debt Ceiling / Debt Limit (CongressionalGlossary.com)

Public Debt / Debt Ceiling / Debt Limit (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Public Debt / Debt Ceiling / Debt Limit     Debt Limit – A Guide to American Federal Debt Made Easy     Public Debt: Cumulative amounts borrowed by the Treasury Department or the Federal Financing Bank from the public or from another fund or […]

Expense (CongressionalGlossary.com)

Expense (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Expense   Achieving Transparency And Accountability In Federal Spending (Part 1 of 2)   Outflow or other depletion of assets or incurrences of liabilities (or a combination of both) during some period as a result of providing goods, rendering services, or carrying out other activities […]

Budget Process (CongressionalGlossary.com)

Budget Process (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Budget Process photo credit: irina slutsky Established by the Congressional Budget and Impoundment Act of 1974, the budget process refers to the steps necessary for adoption of a concurrent resolution on the budget, thereby creating the framework for consideration of appropriations bills and authorizing legislation. […]