What Is The Federal Budget


The United States federal budget includes both revenues and expenditures of the U.S. Federal funds are all monies received for the operation and maintenance of the U.S. Government. In addition, the budget includes the debt owed by the U.S. taxpayers to the federal government as well as the excess funds that arise from any successful legislative action.

The U.S. national budget is created by the President and managed by the cabinet. Prior to any action in the budget process, both houses of Congress are required to pass concurrent resolutions approving the budget. Congress usually passes a budget with either a majority or a minority vote. The President’s budget and the concurrent resolution are then presented to the president for his review. If the president approves the budget, it is forwarded to the U.S. Congress for approval.

What is the federal budget? To answer that question, one must first understand what the federal budget is not. The federal budget does NOT include any tax dollars. Federal tax dollars are collected through taxes at the tax brackets described in the individual income tax forms. The federal budget only includes expenditures, which are what the U.S. citizen contributes to the financing of the federal government through taxes.

The U.S. Federal Budget includes two categories of agencies that contribute to the financing of U.S. Government activities: Federal agencies and independent agencies. The United States Federal Budget also contains a number of Independent Agencies and a number of General Authorities. Federal agencies, which contribute to the financing of the U.S. Government activity, include the following: the U.S. Department of Education, the U.S. Department of Veterans Affairs, the U.S. Federal Trade Commission, the U.S. Government Accountability Office, the U.S. Federal Reserve, the U.S. Patent Office, the U.S. National Archives, the U.S. Federal Drug Administration, the U.S. Patent and Trademark Office, the U.S. Office of Technology Management, the U.S. Internal Revenue Service, the U.S. Small Business Administration, the National Park Service, the National Science Foundation, the National Transportation Safety Administration, the National Institutes of Health, the National Security Agency, the Peace Corps, and the National Weather Service.

Independent Agencies and General Authorities, which are not Federal agencies, include the following: the Social Service, the Consumer Product Safety Commission, the Federal Trade Commission, the General Services Administration, the National Science Foundation, and the Federal Housing Administration. Many State agencies also participate in the funding of U.S. Government programs, as well as many other non-profit organizations. Some State governments also participate in the funding of U.S. Government programs. The participation by State governments, local governments, and other jurisdictions in the financing of federal agencies and activities provides significant funding sources to these entities for carrying out their functions and activities.

Since a copy of the federal executive branch’s budget is available to the public, many citizens are aware of what is the federal budget. However, many other individuals and organizations are not familiar with the statutory basis and limitations on the funding of federal programs. While it is important to have an overall understanding of what is the federal budget, the process of obtaining the budget should be undertaken carefully. There are certain procedures that must be followed when requesting copies of federal budgetary documents.

When what are the federal budget and what is being funded? The usual procedure involves submitting a request for information to the appropriate agency for review and approval. If you are requesting copies of what is the federal budget in general, you should follow the same procedures that apply to what is the federal budget for the executive branch. However, if you are merely requesting information relating to a specific program or activity, you may submit the request directly to the person or department providing the information. It is always advised that you verify the information provided in the request with information provided by the website of the General Services Administration (GSA) or the Office of Personnel and Veterans Affairs (OPVAA). In many instances, the GSA or OPMA will also provide verification services.

The GSA and OPMA maintain lists of approved websites where one can obtain what are the federal budget and how to obtain a copy of the budget. OPMA also publishes the budget of each department and agency separately on their web sites. It is important to keep in mind that what is the federal budget does not change at the General Services Administration or the Office of Personnel Management. The statutory guidelines for what is the federal budget are different for each agency and are set forth in a separate budget document. For example, the Department of Defense (DOD) budget is different from the Marine Corps budget and the Defense Department’s Office of the Inspector General budget is different from the Air Force Office of General Services budget.