Revenues (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Revenues photo credit: DonkeyHotey Revenues: Income from individual and corporate income taxes, social insurance taxes, excise taxes, fees, tariffs, and other sources collected under the sovereign powers of the federal government. Revenues, also known as receipts, are the funds collected from the public primarily as … Read more

Financial Statements (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Financial Statements photo credit: Metro Centric A document that describes an entity’s financial activity and status for a specified period. Under federal law and applicable accounting standards, the financial statements for a federal agency usually include a balance sheet, statement of net cost, statement of … Read more

Standard General Ledger (SGL) Chart of Accounts (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms photo credit: TimothyJ A chart of accounts (and technical guidance) established to support the consistent recording of financial events as well as the preparation of standard external reports required by the Office of Management and Budget (OMB) and the Department of the Treasury. Agencies are … Read more

Advanced Federal Budget Process, 2-day course in Washington, DC, from TheCapitol.Net

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

Capitol Hill Workshop – 3-days on the Hill: How Congress Works, in Washington, DC

Capitol Hill Workshop: Politics, Policy, and Process In this engaging workshop and seminar on legislative operations, Washington-based experts focus on these 3 P’s. They discuss the policy-making process and the legislative agenda, help you understand the congressional budget process, and demystify the culture of the U.S. Congress. You will leave this workshop with a solid … Read more

Capitol Hill Workshop – 3-day Legislative-Executive Seminar in Washington, DC

Capitol Hill Workshop: Politics, Policy, and Process In this engaging workshop and seminar on legislative operations, Washington-based experts focus on these 3 P’s. They discuss the policy-making process and the legislative agenda, help you understand the congressional budget process, and demystify the culture of the U.S. Congress. photo credit: popmisa You will leave this workshop … 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: thelastminute Attendees participate in a comprehensive overview and analysis of the President’s most current budget, Congressional response, … Read more

“Roles of the President’s White House economic advisors”

  The Council of Economic Advisers and Policymaking   Keith Hennessey has an excellent discussion from 2010 of the organization of the economic policy team inside the White House. I think I can instead add a little value by describing the different positions that make up the President’s economic team, and in particular by explaining … Read more