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Congressional Budget Resolutions: Historical Information

Congressional Budget Resolutions: Historical Information

Paperback

General Law

ISBN10: 1502731150
ISBN13: 9781502731159
Publisher: Createspace
Published: Oct 9 2014
Pages: 46
Weight: 0.29
Height: 0.10 Width: 8.50 Depth: 11.02
Language: English
The Congressional Budget Act of 1974 provides for the annual adoption of a concurrent resolution on the budget. It represents a budget plan for the upcoming fiscal year and at least the following four fiscal years. As a concurrent resolution, it is not presented to the President for his signature and thus does not become law. Instead, when adopted by Congress, the budget resolution serves as an agreement between the House and Senate on a congressional budget plan. As such, it provides the framework for subsequent legislative action on budget matters during each congressional session.

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