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Budget Policy Development |
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Budget Committees hold hearing in preparation for drafting the concurrent resolution of the budget. |
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Congress receives President's budget between this specific time. |
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The first Monday in January and the first Monday in Feburary. |
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House and Senate Appropriations Committees jointly hold special hearings on budget overview with Director, OMB and Chairman of the Council of Economic Advisers. |
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Budget Committees receive views and estimates of all committees within 6 weeks after President's budget is submitted. |
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Budget Committees begin drafting the concurrent reolution of the budget. |
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House & Senate Appropriations Committees seperately hold hearings and review justifications from each agency. |
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Budget Committees draft budget resolutions in a series of publick meetins called "mark-ups". |
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In Congress each house adopts a Budget Resolution. |
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Budget Committees report concurrent resolution to their respective Houses. The resolution sets spending revenue and other budget targets for the upcoming fiscal year. |
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In the Congress differences are worked out by House/Senate conference. |
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Appropriation committees jointly make spending allocations based on budget resolution. |
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Action on Individual Bills |
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Congress adopts a Concurrent Budget Resolution by this date. |
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House appropriation committee drafts appropriation bill and reports. |
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Within the Congress the House debates and passes appropriation bills with or w/o amendments by this date. |
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Senate receives the House passed bills and refers to Senate Appropriations Commmittees. |
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Congress receives mid-year Presidential update of the budget estimates on this date. |
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House Appropriations Committee has the full committee review action of subcommittes and adopts or revises bills and reports. |
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House appropriation committees report regular appropriation bills by this date. |
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Senate Appropriations Sub-committee draft revisions of house bills and reports. |
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Senate debates and passes appropriation bills with or without amendments to be sent to conference committee or directly to the President. |
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Full Senate Appropriations committees review actions of subcommittees and either adopt or revise bills and reports. |
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Congress sends appropriation bills to the President for his approval or veto. |
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If appropriation action is not completed by this date, or if Congress does not override a Presidential veto, then the affected programs may be covered in a continuing resolution. |
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