Overview of the Congressional Budget Process


 

Publication Date: October 1999

Publisher: Library of Congress. Congressional Research Service

Author(s):

Research Area: Government

Type:

Abstract:

The congressional budget process, in the broadest sense, consists of the consideration and adoption of spending, revenue, and debt-limit legislation within the framework of an annual concurrent resolution on the budget. Under the Congressional Budget Act of 1974 (Titles I-IX of P.L. 93-344, 2 U.S.C. 601-688), the House and Senate Budget Committees develop the budget resolution, assisted by the nonpartisan Congressional Budget Office.