social security, expanding highways, and unemployment compensation.
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The largest portion of uncontrollable spending in the federal budget is the spending that Congress approves.
1. The Office of Management and Budget (OMB) prepares a budget proposal. 2. The president submits a budget proposal to Congress. 3. Congress decides on the overall level of spending and taxation and passes specific spending bills. 4. Thepresident signs the spending bills into law.
Executive Branch Agencies plan their fiscal budgets for the year.
The Senate Finance Committee is responsible for drafting the budget plan for Congress. The Committee is also responsible for overseeing the spending of the Federal Government.
turning a draft budget into spending bills (APEX)