Summarize The Federal Budget Process

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The federal budget process is an extensive year long process that every governmental agency plays a role. All agencies play a critical role in the budgetary process but the final authority fall to the President and the Congress.This process starts with the President of the United States and goes through the entire government agency by agency for their input and desires. Nether the President or the Congress get everything they want in the budget since this is a give and take relationship. The entire process lasts approximately a year and a half. The entire must be completed and successfully passed by the 1st of October and if for some reason a budget is not approved by October 1 deadline. Then Congress must pass a temporary funding bill which allows the governmental offices and services to remain open and serving the nations' citizens.
In the spring of every year the President of the United States starts the …show more content…

The OMB then attempts to match the agency's budget recommendations with those made by the President. Ironically, approximately two-third of the entire national budget is non-negotiable expenses such as medicare and social security. This leaves on about one-third of the remaining budget to be disbursed throughout the other areas of government. The OMB concentrates on that one-third of the entire budget which even a portion of that part of the budget is not available for use in other areas. Once the OMB has completed their assessment and moved funding around the budget then goes back to the desk of the President. The President then compares the margins within the budget and recommends to increase, decrease or have the budget approved as it is written. This part of the process usually concludes in the month of December and it is at this point in the process that Congress first gets to see the proposed

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