Understanding Complex Budget Terms and Processes: What is a Congressional Budget Resolution?
A Congressional Budget Resolution is a “blueprint” that guides fiscal decision-making in the Congress.
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A Congressional Budget Resolution is a “blueprint” that guides fiscal decision-making in the Congress.
The Byrd Rule restricts what can be included in reconciliation legislation in the Senate.
Understanding what’s happening on Capitol Hill requires an understanding of the Congressional budget process — which is notoriously technical, complex and arcane.
Earmarks have been controversial, but nevertheless were reinstated by Congress in 2021 after a 10-year moratorium.
Climate and weather-related natural disasters are becoming increasingly frequent. In addition to endangering lives, they are economically costly.
https://www.pgpf.org/budget-basics/what-is-the-disaster-relief-fund
Sequestration is a process that cuts federal spending through across-the-board reductions.
https://www.pgpf.org/budget-basics/what-you-should-know-about-the-sequester
Sequestration was designed to be a blunt instrument, whose arbitrary effects would be so undesirable that they would compel policymakers to reach compromise on budget legislation rather than allow the cuts to go into effect.
Each year, through the budget process, the President and Congress have the opportunity to set priorities for the federal government, determining how much should be spent through appropriations for annually-funded programs, known as discretionary spending, and providing the opportunity to review entitlement programs and the tax code.
https://www.pgpf.org/budget-basics/federal-budget-process-a-primer
Social Security is the largest single program in the federal budget and makes up approximately one quarter of total federal spending.
https://www.pgpf.org/budget-basics/how-does-social-security-work
Public schools for students in kindergarten through 12th grade are financed through a combination of local, state, and federal dollars in proportions that vary across and within states.
https://www.pgpf.org/budget-basics/how-is-k-12-education-funded