Federal Budget Process

The federal budget process involves several steps to plan how the government will spend its money each year. It begins with the President proposing a budget, outlining priorities and spending levels. Congress then reviews this proposal, holds hearings, and makes adjustments before voting on a budget resolution. Following this, appropriations committees allocate funds to specific programs and services, which Congress votes on. Finally, the budget must be signed by the President. The process often involves negotiations and can be contentious, reflecting differing priorities among lawmakers. Ultimately, it aims to manage the nation’s financial resources responsibly.