The Federal Government Budget Process

The government has the Autumn Statement in October where the government announces its spending plans and the Budget in March which states any tax changes. The budget provides private businesses tax changes which will directly affect them. The autumn statement will indicate the amount of money being spent which could affect the changes in the budget in March.

“To budget is to fight over money and the things money buys” (Document A). The federal budget is adjusted every year and has to follow certain criteria set forward by the Preamble to the Constitution. The Preamble sets five goals that the budget must fulfill, these goals are: to establish justice, to insure domestic tranquility, to provide for the common defence, to promote the general welfare, and to secure the Blessings of Liberty to ourselves and our prosperity. Furthermore, it is difficult to decide what clusters of the federal budget to allocate money to in order to meet the five goals of the Preamble which are “The Big Five”, “The Middle Five”, and “The Little Guys.” In each of the three budget clusters,

|2.1 Explain the purpose of agreeing the format in which a budget will be presented |Question 1 Page 2 |

The federal government and states each have budgets that outline the amount of money that will be collected from taxes, how much will be spent in revenues, and what programs will receive money allocated to them from these expenditures. Every fiscal year, the federal budget and state budgets are reset so that they start from October 1st until the end of September of the following year. The federal government’s budget contains allocations for health care, pensions, education, defense, and welfare. The State of Colorado’s budget contains expenditures allocated to education, health care, pensions, protection, transport, and welfare (Chantrill, 2015). The

Firstly the members of congress, executive branch, or members of outside community draw up a bill. After that the members of the house only will have to introduce the bill on the floor of house of representative. Then the bill is sent to the committee. Only bills that are necessary and reasonably appropriate make it to the next step, which is the rules of a committee for debate. Then it goes back to the floor of the house for a debate and members of the house then will vote for the bill. If the bill is in favor by most of the members of the house, hence the bill is sent to the senate. The senator introduces the bill on the floor. If the majority of the committees agree then the bill goes to the entire senate to consider the bill. As it follows the same process of the house, there is a debate and if majority votes for the bill then the bill is returned back to the house of representative.

“The federal budget is the yearly plan for how the US government will spend the money it takes from taxes and borrowing.” After thoroughly analyzing the federal budget from 2012, it is unquestionably evident that a majority of the money is being put into a few major categories, leaving room for the rest of the smaller categories to be financially neglected. Is this fair? It seems that the money could be more fairly distributed, and that there is room for cuts in some of the larger categories, to improve the littler ones. In each of the three budget clusters, the US Government should make adjustments in the way it is distributing money; changes involving the big five, the middle

Budgeting is perhaps the most essential process involved in the United States government. While this process seems to exist only in the background, it is, in reality, what allows all other processes of government to function as they do. In order to satisfy the most necessities of modern society, changes must be made to each of the three major categories of the budget: the big five, the middle five, and the little guys.

Congress completes action on the concurrent resolution on the budget. (This is not signed by the President).

Congress must always sponsor this bill before it is introduced to the House or Senate. Several drafts may even be composed by Congress, citizens of society, lobbyists, and coalitions. Primarily though, the President is the main source when it comes down to proposing one. The four forms of congressional action process as bills, joint resolutions, concurrent resolutions and simple resolutions. The introduction of a bill is the first step in the federal process is the referral to a standing committee where they have the power to delay, block or expedite

All things first start with an idea. This idea, then becomes an action and this action in turn has a result. This same concept can be applied to the legislative process. The first step begins with an idea, this idea is shared and if it gains the support of the masses this idea will then become sponsored by a representative. Once this idea has sponsorship it then proceeds to the congressional level where this idea gets the new title of a bill. Upon the name change from idea to bill also comes the benefit of becoming a proposed piece of legislation. For a bill this means that it will be sent to both the House of Representatives and Senate awaiting it’s future through debate. If the debate proves favorable for the bill, that is both the House of Representatives and the Senate approve then this bill is sent off to the desk of the president. From the moment the bill arrives at the desk of the president a countdown of ten days begins, this is

While the fear of government default is approaching, there are solutions to this problem. The first is raising the debt ceiling, this avoids default that results in government shutdown and effects state and local government by losing Medicaid, highway construction and lower tax collections (Cooper and Story). The debt ceiling allows Congress the influence over spending

The federal budget is known as the infamous monetary tank from which money is distributed to various programs. Why does the federal budget plan cause such uproar of approval or disapproval when it is proposed by the President every February? The money utilized every fiscal year, which runs from October 1st of each year until the end of September of the following year, belongs to the people. The money is raised through income taxes, excise taxes (taxes on goods) and social insurance payroll taxes. Presently, the public is worried about how they will receive a fair share of money appropriations in such a slow economy. The federal deficit has returned, which means that the government’s spending

In this process a bill is drafted, then it is introduced in the house. The Speaker of the House sends the bill to a committee, the committee decides to make changes to the bill or kill it. If the bill gets sent on, it gets sent to the Senate. In the senate it is sent to another committee and if majority vote for it, the bill will go to the whole Senate. The bill gets debated and amendments add, if needed, and then sent back to the House. Any changes made and House doesn’t agree it goes to a committee to find compromises. After the compromise it goes to the President. If the President vetoes the bill, ⅔ majority of the House can override the veto.

All laws start as bills. Any one can draft a bill, a congressman, the President, even Mr. Hughes if wanted something accomplished. Anyone can draft a bill, but only a congressman can put the bill into the bill box. From the bill box it is given to the speaker of the house, who decides which committee receives the bill for the lengthy editing process. The real power of the Speaker of the House is deciding which committee gets the bill, whether he wants the bill to pass or be thrown out. Inside the committees there are subcommittees that where a committee is a large idea, like the Senate armed forces Committee, the sub committees such as the seapower committee. after a long editing process the bill is either passed or trashed. if passed and in the house the next committee the bill goes to is the rules committee, where the date and how long the bill is argued for will be decided. If in the senate, the bill will go to the majority and minority leaders, and they decide when the bill will be brought for the entire senate. again it is argued in the senate or the house and it will either be trashed or passed here too. Finally the bill should be a law right, nope, the bill has to be passed in the other house of congress. finally once it has been passed in both compartments, if the wording is not the same a conference committee meets, with representatives from both the house and senate deciding the final wording of the bill, only

Review all budgets that the president put in. According to United State Senate (2017), The Appropriation committee reviews budget requests from the president, solicits testimony from government officials, and drafts funding legislation that gets reported to the full Senate (Para