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 … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Permanent Appropriations Permanent Appropriations: Budget authority that becomes available as the result of previously enacted legislation (substantive legislation or prior appropriations act) and does not require current action by Congress. Budget authority is considered to be “current” if provided in the current session of Congress … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Authorization / Authorization Act Authorization – Provision in law that establishes or continues a program or agency and authorizes appropriations for it. Basic, substantive legislation that establishes or continues the legal operation of a federal program or agency, either indefinitely or for a specific period … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Appropriation Act / Appropriation Bill / Continuing Resolution / Continuing Appropriations photo credit: BarelyFitz Appropriation Act: A statute, under the jurisdiction of the House and Senate Committees on Appropriations, that generally provides legal authority for federal agencies to incur obligations and to make payments out … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Account / Appropriation Account photo credit: kenteegardin Hearing: Environmental Protection Agency Budget Account: A separate financial reporting unit for budget, management, and/or accounting purposes. All budgetary transactions are recorded in accounts, but not all accounts are budgetary in nature. Some accounts do not … Read more