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.

Our National Financial Future is under Challenge by Deficit, understanding Governmental Financials is now key for all.

Today we have posted a non-partisan piece on our position with regards to the responsibility of ALL of US in the United States of America to become informed Consumers of Governmental Financial Reporting information at the Federal, State and Local levels. We hope you will take a moment to read it at :

http://www.facebook.com/notes/dcarsoncpacom/our-national-financial-future-is-under-challenge-by-deficit-understanding-govern/198959686811452

We believe that the greatest answer to the current National Deficit Challenge is an upgrade in Public Knowledge of Governmental Accounting for better informed and greater Public involvement in Deficit oversight and problem solving through appropriate Congressional and Legislative Channels.

In addition to the work that we are performing directed at New Business and Client Development, we will be contributing to an intitiative (please join us) to share greater knowledge on Governmental Financials, Laws, the Economy and more. We encourage all Financial and other professionals to join with us on the common cause of protecting our countries financial future through better Public Knowledge of  Governmental Operations, Accouting, and Finance.

We all benefit from leadership in the Financial Services Industry and the Economy at Large that assists on this imperative cause for our future. We all have a part to play at the Local, State and Federal Levels on Deficits and the roles that we play together can protect the Financial Future of our Country and bring us back from the Edge of this great challenge to our collective Financial Future. Sharing knowledge and insight on governmental financials and impact is a key place where Financial Professionals can make a difference to empower the Nations future.

In the ways that you can join this effort, do so to bring clarity and cooperative effort to this cause which can benefit us all. The foundation that we all depend on is the Financial Health and Fiscal Well Being of our National, State and Local Governments. We endorse responsible (balanced)  fiscal spending and socially responsible deficit reduction.