Tag: Congressional Budget and Impoundment Act

Budget Act (CongressionalGlossary.com)

Budget Act (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Budget Act photo credit: phauly The common name for the Congressional Budget and Impoundment Act of 1974, which established the current budget process and created the Congressional Budget Office. The act also put limits on presidential authority to refuse to spend appropriated money. Titles I-IX […]