Fiscal year
Federal budget
a written document indicating the federal government's revenues and spending for the coming year
Fiscal policy
set of government spending,taxing, and borrowing policies
Appropriations Committees
submit bills to authorize spending - send to the president for his signature
Oct 1- Sept.30
time period for fiscal year
Fiscal year
12 month financial planning period
Office of Management and Budget
Government office that manages federal budget
Combine to propose the budget resolution
House and Senate budget Committee
Monetary policy controlled through Federal Reserve System
Set of procedures designed to regulate the economy by controlling the amount of money in circulation and level of interest rate
General accounting office
agency that watches over the spending of funds appropriated by congress
Congressional Budget office
gives congress independent data to help make economic decisions
Fiscal policy is made by who
made by president and congress