The Components and Process of the Bureaucratic Budget Free Essay

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The Components and Process of the Bureaucratic Budget

The United States budgeting process is a continuous, year round activity. The planning of the federal budget is a complex and multi-level procedure. The process begins October 1st of the current year and goes to September 30th of the next year. There are four phases that can be identified at the federal level, (1) executive preparation and submission, (2) congressional action, (3) execution and control, and (4) review and audit. The decision on how much money to spend and tax in any one fiscal year is decided by the president and Congress through the Federal Budget Process. They are responsible for deciding how much money each funded program will receive, for making sure that the Government does not exceed the approved amount and for t

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