ABSTRACT

Role of the President in Budget Development: In Brief [May 5, 2022]   [open pdf - 1MB]

From the Introduction: "The federal budget sustains government functions and plays an important role in shaping policy decisions. In practice, the process for developing and executing the federal budget is multifaceted. The Constitution vests Congress with the power of the purse, with provisions that refer to congressional authority to levy taxes, authorize the issuance of debt, and make appropriations to fund the federal government. The Constitution does not provide an explicit role for the President in the budget process. Rather, the executive budget process exists primarily due to statutes enacted by Congress, and it specifies roles for the President, the Office of Management and Budget (OMB), and agencies. The executive budget process consists of three main phases: development of the President's budget proposal, submission and justification of the President's budget proposal, and execution of enacted annual appropriations and other budgetary legislation. Congress may become involved in any of these phases. The President's budget proposal--referred to by statute as the 'Budget of the United States Government'--is required by law to be submitted annually. [...] This report briefly highlights the role of the President in budget development. For a detailed overview of the development, submission, and justification of the President's budget proposal, see CRS [Congressional Research Service] Report R47019, 'The Executive Budget Process: An Overview,' by Dominick A. Fiorentino and Taylor N. Riccard."

Report Number:
CRS Report for Congress, R47092
Author:
Publisher:
Date:
2022-05-05
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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