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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.