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1 1 (August 11, 2021)

handle is hein.crs/goveehj0001 and id is 1 raw text is: Congressional ~.Research Service Budget Submission After a Presidential Transition: Contextualizing the Biden Administration's FY2022 Request Updated August 11, 2021 Like other newly inaugurated Presidents' Administrations, the Biden Administration was expected to submit its first formal budget request to Congress later than the usual January/February statutoy deadline. Unclear in such situations is the timing and format of the formal submission and any preliminary communications that are sent in advance of the full submission. This CRS Insight discusses the Biden Administration's first-year submission of preliminary budget materials in the context of statutory requirements and past practices. Background The Budget and Accounting Act of 1921, as codified in Title 31 of the US. Code, requires the President to submit a budget annually to Congress toward the beginning of each regular session. The deadline for submission of the budget has changed several times over the years. Most recently, in 1990, the deadline was changed to on or after the first Monday in January but not later than the first Monday in February of each year. The 1990 change in the deadline made it possible for an outgoing President to leave the upcoming annual budget submission to his or her successor, an option that all outgoing Presidents have taken since then. Following the 1990 change, all of the incoming Presidents have submitted their full transition-year budgets after the statutory deadline. In advance of submitting a full budget to Congress, recent Presidents have opted, in the first year of their Administrations, to present preliminary, shorter budget documents that observers sometimes colloquially refer to as skinny budgets. In an Administration's initial year, the full budget submission can be delayed due to the time needed to establish the new Administration's priorities and have key nominees confirmed. In the meantime, these shorter documents typically contain preliminary budget requests and basic economic projections. In the past, preliminary budget materials such as these have functioned as a preview of the complete President's budget to be submitted to Congress at a later date. Congressional Research Service https://crsreports.congress.gov IN11655 CRS INSIGHT Prepared for Membersand Committeesof Congress

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