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United States budget process - The process of creating the budget for the United States Government is known as the budget process. The specific procedures for formulating the budget were established in the Congressional Budget and Impoundment Control Act of 1974.
Budget Enforcement Act of 1990 - The Budget Enforcement Act of 1990 was enacted by the United States Congress as title XIII of the Omnibus Budget Reconciliation Act of 1990 to enforce the deficit reduction accomplished by that law and revise the budget control process of the Federal Government. The Act created two new budget control processes: a set of caps on annually-appropriated spending, and a "pay-as-you-go" or "PAYGO" process for entitlements and taxes.
U.S. Senate Committee on Budget - The United States Senate Committee on Budget was established in 1974 by the Congressional Budget and Impoundment Control Act. It is responsible for drafting Congress' annual budget plan under the and monitoring action on the budget for the Federal Government.
Budget - Budget generally refers to a list of all planned expenses and revenues. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods.
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