From the Congressional Glossary – Including Legislative and Budget Terms Congressional Budget Office / CBO Introduction to the Congressional Budget Office The Congressional Budget Office (CBO) and Government Accountability Office (GAO) principally serve congressional committees with a variety of reports. The Congressional Budget Office assists Congress in understanding the economic and fiscal environment … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Antideficiency Act / Antideficiency Act Violation photo credit: .through my eyes. The Antideficiency Act is a federal law (Pub.L. 97-258, 96 Stat. 923, 1982, 31 U.S.C. §§ 1341-1342, 1511-1519) that: Prohibits the making of expenditures or the incurring of obligations in advance of an appropriation … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Committee Allocation photo credit: Tetra Pak The distribution of total proposed new budget authority and outlays, as set forth in the concurrent resolution on the budget, among the congressional committees according to their jurisdictions. The allocations are set forth in the joint explanatory statement of … Read more