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What is the Federal Budget-?

Updated: 4/28/2022
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Tristanbanks77

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10y ago

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The federal budget is a detailed plan of the government's expected income and expenses for the coming fiscal year (the fiscal year runs from October 1 through September 30).

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11y ago
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Wiki User

10y ago

The Federal budget is the is proposed by the President and approved by Congress. The Federal budget is the fiscal budget for the coming year.

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The federal budget process begins with?

The process of preparing a federal budget is first knowing what the budget is. The president then has to submit his budget requests to Congress.


What defines the administration's plans for the coming year?

The administration's plans for the coming year are typically outlined in a combination of the President's State of the Union address, budget proposals, and policy announcements. These plans may focus on legislative priorities, economic goals, foreign policy objectives, and other initiatives aimed at addressing key issues facing the country. Each administration's specific plans can vary based on the President's agenda and priorities.


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What is the budget of Federal Railroad Administration?

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When was Committee for a Responsible Federal Budget created?

Committee for a Responsible Federal Budget was created in 1981.


What is the key difference between the federal budget and individual state budgets?

Federal a national budget with funds to support the military, and federal programs. The state budget is only for that state.


What group specifally works with the president to prepare the federal budget?

A congressional budget committee specifically works with the president to prepare the federal budget.


Who proposes the budget and who approves the budget for the federal government?

The President proposes and the senate approves federal budgets.


What is the budget of Federal Office for the Protection of the Constitution?

The budget of Federal Office for the Protection of the Constitution is 155,238,306 euros.


What is the budget of Russian Federal Space Agency?

The budget of Russian Federal Space Agency is 3,800,000,000 dollars.


What percentage of federal budget are federal employees?

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What executive agency was created to prepare and administer the federal budget?

The Office of Management and Budget (OMB) helps the President prepare and administer the Federal Budget.