Tag: RS20179

Budget and Accounting Act of 1921 (CongressionalGlossary.com)

Budget and Accounting Act of 1921 (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Budget and Accounting Act of 1921   Panel 1: The History of the 1921 and 1974 Budget Acts   The Budget and Accounting Act of 1921 (Pub.L. 67-13, 42 Stat. 20–27) required for the first time that the president submit to Congress each year a […]

President of the United States / State of the Union (CongressionalGlossary.com)

President of the United States / State of the Union (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms President of the United States / State of the Union  

Office of Management and Budget / OMB (CongressionalGlossary.com)

Office of Management and Budget / OMB (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Office of Management and Budget / OMB The core mission of OMB is to serve the president of the United States in implementing his vision across the executive branch. OMB is the largest component of the Executive Office of the President. It reports directly to […]

President’s Budget (CongressionalGlossary.com)

President’s Budget (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms President’s Budget photo credit: Navin75 The document sent to Congress by the President in January or February of each year, as required by law (31 U.S.C. § 1105), requesting new budget authority for federal programs and estimating federal revenues and outlays for the upcoming fiscal […]