Sunday, May 15, 2011

The Basis for our Federal Budget Process in US Law

Our Federal Budget process finds its basis in US Law under USC Title 31: Money and Finance Sub Title II The Budget Process which is further broken down into Chapters and Sub-Chapters. Where we find some relevant titles like : § 1102. Fiscal year, § 1103. Budget ceiling, § 1104. Budget and appropriations authority of the President, and § 1105. Budget contents and submission to Congress which all let us know we are in the right place to Learn more about our Federal Governments Accounting Process on the Budgeting and Planning end.

Stay with us and we will continue to learn and share more about the mechanics and function of Public Finances so we can all be of better assistance in the conversation about how to help on Federal Finances in the better interest of National Debt Reduction. We hope that you will stay informed on your Local, State and Federal Finances and look for ways to help.

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