What is a budget resolution?
A budget resolution is a concurrent resolution that sets overall spending and revenue levels and does not go to the president.
Short AnswerA concurrent resolution setting overall spending and revenue levels, which does not go to the president
Explanation
How Congress WorksSection 301 of the Congressional Budget Act provides for an annual concurrent resolution on the budget. It guides Congress's own work and is not signed into law.
Source
Other Questions in This Topic
- Who has the power to lay and collect taxes?
- How can money be drawn from the Treasury?
- When does the federal fiscal year begin?
- By when does the law ask the president to submit the annual budget?
- Which committees write the bills that fund federal agencies?
- How many regular appropriations bills does Congress usually consider each year?
- What does an authorization bill do?
- What is a continuing resolution?
- What happens when funding for agencies lapses?
- What is mandatory spending?
- What is the debt limit?