About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1 1 (April 23, 2008)

handle is hein.crs/crsahit0001 and id is 1 raw text is: Order Code RS20541 Updated April 23, 2008 Congressional Budget Resolutions: Reporting Deadline in the Senate Robert Keith Specialist in American National Government Government and Finance Division Summary The House and Senate are required under the Congressional Budget Act of 1974 to complete action each year on a budget resolution before spending, revenue, and debt- limit legislation can be considered. In order to facilitate timeliness in the congressional budget process, Section 300 of the 1974 act establishes a timetable that requires the Senate Budget Comnmittee to report a budget resolution by April 1 and the House and Senate to reach final agreement on a budget resolution by April 15. (Prior to FY1987, the deadline for reporting the budget resolution was April 15 and the deadline for its final adoption was May 15.) During the 34 years that the congressional budget process has been in effect, the Senate Budget Comnmittee has reported 32 budget resolutions subject to the April deadline. (The budget resolutions for FY1991 and FY2002 were discharged from the committee.) On average, the 32 budget resolutions were reported about on the applicable deadline (e.g., within a fraction of a day late). Twenty of the 32 budget resolutions were reported in a timely manner, about 12.6 days before the deadline, on average. The remaining 12 budget resolutions were reported after the deadline, by about 21.3 days, on average. This report will be updated as developments warrant. Under the congressional budget process established by the Congressional Budget Act of 1974 (P.L. 93-344, as amended), the House and Senate are required to adopt a budget resolution each year before spending, revenue, and debt-limit legislation can be considered, unless a waiver or exception applies. The budget resolution serves as a framework that constrains action on subsequent budgetary legislation.1 The congressional budget process has been in effect for 34 years, covering FY1976-FY2009. 1 The congressional budget process is discussed in more detail in CRS Report 98-721, Introduction to the Federal Budget Process, by Robert Keith. See also CRS Report RL30297, Congressional Budget Resolutions: Selected Statistics and Information Guide, by Bill Heniff Jr. and Justin Murray.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most