Definition
A budget resolution is a concurrent resolution that sets aggregate fiscal targets and may include reconciliation instructions. It does not itself provide spending authority or become law.
Political Dictionary
Budget Resolution
A budget resolution is Congress’s annual framework for revenue, spending, deficits, and debt.
Why It Matters
It guides appropriations and other fiscal legislation and can unlock special reconciliation procedures.
How It Works
House and Senate budget committees develop proposals, both chambers approve a common resolution, and committees use its targets.
History
The modern congressional budget process was created by the Congressional Budget and Impoundment Control Act of 1974.
Example
A budget resolution may direct committees to produce legislation reducing projected deficits.
Common Misconceptions
- The budget resolution is signed by the president.
- It directly funds agencies.
- It is identical to the president’s budget request.
Related Terms
Related Topics
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