POLI 325D2 Lecture 11: Lecture 11- Budget Process and Starting the Supreme Court.pdf
20 Apr 2015
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Budget committee forecasting the economy, using cbo info and other sources, to look ahead the forecast that the president is preparing looks ahead 1-2 years in the future. Budget committee look ahead 1. 5 years and must forecast the budget up till around. November 2016 forecasting can be off and can affect the budget. Budget committee must produce 2 budget resolutions preliminary one in march final one in september how it should work: first budget resolution is based on the estimated revenues end of. September, the old processes go on final budget resolution supposed to bind appropriations committees appropriations committees must then finish their bills and get them passed made after amendments and rewrites no coercive force for budget. Committee to get it done on time carry it forward using continuing resolution for a set number of days or months, an appropriations bill will be whatever it was last fiscal year (until they pass their new budget resolution)
