1. The federal budgetary process This table shows three stages in the federal budgetary process. Select the appropriate month(s) of action for each of the stages. Stage Presidential budget submission Budget resolution Congressional and presidential approvals Month(s) ▼ Janyary-May/February/February-December/April/May/June/September Janyary-May/February/February-December/April/May/June/September Janyary-May/February/February-December/April/May/June/September Which of the following are true of the federal budgetary process? Check all that apply. Federal agencies develop and submit their budget requests for the upcoming fiscal year to the Congressional Budget Office (CBO). If the budget bills are not passed on time, federal agencies are free to exercise their budget requests for the year. The budgetary process often goes astray due to delays in Congress.

1. The federal budgetary process This table shows three stages in the federal budgetary process. Select the appropriate month(s) of action for each of the stages. Stage Presidential budget submission Budget resolution Congressional and presidential approvals Month(s) ▼ Janyary-May/February/February-December/April/May/June/September Janyary-May/February/February-December/April/May/June/September Janyary-May/February/February-December/April/May/June/September Which of the following are true of the federal budgetary process? Check all that apply. Federal agencies develop and submit their budget requests for the upcoming fiscal year to the Congressional Budget Office (CBO). If the budget bills are not passed on time, federal agencies are free to exercise their budget requests for the year. The budgetary process often goes astray due to delays in Congress.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter12: Federal Budgets And Public Policy

Section: Chapter Questions

Problem 1.2P

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