Download or read book Mid session Review written by United States. Office of Management and Budget and published by . This book was released on 1992 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Mid Session Review of the President s Budget written by and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Budget and Accounting Act of 1921 established for the first time the requirement that the President annually submit a budget to Congress. Under current law (31 U.S.C. 1105(a)), the President is required to submit his annual budget on or after the first Monday in January, but no later than the first Monday in February. For nearly half a century after the 1921 act took effect, Presidents submitted their annual budgets to Congress in January or February but were not required to update the budget submissions later in the session. As the federal budget became larger, more complex, and more dynamic, Congress felt a greater need for more extensive and updated budgetary information from the President. Section 221(b) of the Legislative Reorganization Act of 1970 requires the President to submit to Congress an update of his budget in the middle of the legislative session. The requirement, which was first effective in 1972, is codified at 31 U.S.C. 1106. The update commonly is referred to as the mid-session review, but sometimes is referred to as the supplemental summary of the budget. It often is printed as a House document. During the more than 30 years that the President has been required to submit a mid-session review of his budget, controversy has surfaced occasionally regarding the timing of its submission to Congress. From time to time, Members of Congress have asserted that the President has submitted the mid-session review in a tardy manner in order to gain a political or legislative advantage over Congress. In one instance, some Members attributed an accelerated submission of the mid-session review to the same motivation. This report provides information on the timing of submission of the mid-session review for FY1980-FY2005, a 26-year period that covers all or part of the administrations of five Presidents, applying to the last two years of the Carter Administration and the full four-year or eight-year terms of the Reagan, George H. W. Bush, Clinton, and George W. Bush Administrations. Each of the Presidents submitted at least one mid-session review on time and at least one late. During the 26-year period, the mid-session review was submitted, on average, about two weeks (13.7 days) late. In 10 of the 26 years, the mid-session review was submitted on time. Seven of the 10 timely submissions were made on, or within one day of, the July 15 deadline. In two of the three remaining instances, the mid-session review was submitted in late June; for FY1999, it was submitted on May 26, 1998 -- 50 days ahead of the deadline. In 16 of the 26 years, the submission of the mid-session review was tardy, with delays ranging from one day to 52 days. When a tardy submission occurred, on average it involved a delay of about three weeks (22.2 days). This report will be updated as developments warrant.
Download or read book Mid session Review of the Budget written by United States. Office of Management and Budget and published by . This book was released on 1995 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The President s Budget Request written by Michelle D. Christensen and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides an overview of the mid-session review and analysis of the timing of the mid-session review and discusses the President's budget request.
Download or read book Mid session Review written by and published by . This book was released on 1992 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The President s Budget written by and published by . This book was released on 2015 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Mid Session Review of the President s Budget written by Robert Keith and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mid session Review written by United States. Congress. House. Committee on the Budget and published by . This book was released on 2003 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Mid session Review of the President s Budget written by and published by . This book was released on 2008 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Budget and Accounting Act of 1921 established for the first time the requirement that the President annually submit a budget to Congress. Under current law (31 U.S.C. 1105(a)), the President is required to submit his annual budget on or after the first Monday in January, but no later than the first Monday in February. For nearly half a century after the 1921 act took effect, Presidents submitted their annual budgets to Congress toward the beginning of the session but were not required to update the budget submissions later in the session. As the federal budget became larger, more complex, and more dynamic, Congress felt a greater need for more extensive and updated budgetary information from the President. Section 221(b) of the Legislative Reorganization Act of 1970 requires the President to submit to Congress an update of his budget in the middle of the legislative session. The requirement, which was first effective in 1972, is codified at 31 U.S.C. 1106. The update commonly is referred to as the mid-session review, but sometimes is referred to as the supplemental summary of the budget. It often is printed as a House document. During the more than 30 years that the President has been required to submit a mid-session review of his budget, controversy has surfaced occasionally regarding the timing of its submission to Congress. From time to time, Members of Congress have asserted that the President has submitted the mid-session review in a tardy manner in order to gain a political or legislative advantage over Congress. In one instance, some Members attributed an accelerated submission of the mid-session review to the same motivation. This report provides information on the timing of submission of the mid-session review for FY1980-FY2009, a 30-year period that covers all or part of the administrations of five Presidents, applying to the last two years of the Carter Administration, and the full terms of the Reagan, George H.W. Bush, Clinton, and George W. Bush Administrations. Each of the Presidents submitted at least one midsession review on time and at least one late. During the 30-year period, the mid-session review was submitted, on average, about two weeks (12.3 days) late. In 13 of the 30 years, the mid-session review was submitted on time. Ten of the 13 timely submissions were made on, or within four days of, the July 15 deadline. In two of the three remaining instances, for FY2000 and FY2001, the mid-session review was submitted in late June; for FY1999, it was submitted on May 26, 1998 -- 50 days ahead of the deadline. In 17 of the 30 years, the submission of the mid-session review was tardy, with delays ranging from one day to 52 days. When a tardy submission occurred, on average it involved a delay of about three weeks (21.7 days). This report will be updated as developments warrant.
Download or read book Budget of the United States Government written by Office of Management and Budget and published by Independently Published. This book was released on 2019-03-12 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains the Budget of the United States Government, Fiscal Year 2020 as released in March 2019. It also contains the "Fact Sheets" that were also released at that time. Rather than writing political commentary on the substance of this proposed budget, suffice to say it makes for some very interesting reading. I recommend all Americans go over this proposed budget very carefully. When the Appendices and other Supplement materials are released on March 18, we will print those as well.
Download or read book Mid session Review of the President s Fiscal Year 2006 Budget Request written by United States. Congress. House. Committee on the Budget and published by . This book was released on 2005 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 108 1 Hearing Mid Session Review Budget of The U S Government Serial No 108 11 July 16 2003 written by and published by . This book was released on 2003 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book FEDERAL BUDGET THE PRESIDENT S MIDSESSION REVIEW 162513 U S GAO JULY 27 1999 written by United States. General Accounting Office and published by . This book was released on 2000* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book President s Mid session Review written by United States. Congress. House. Committee on the Budget and published by . This book was released on 1992 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Budget written by United States. General Accounting Office and published by . This book was released on 1999 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Budget The President s Midsession Review written by and published by . This book was released on 1999 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: This statement discusses the President's Midsession Review and the implications of the President's proposals on fiscal policy and the federal budget. The press has focused on the fact that both 0MB and CBO have revised upward their projections for the unified budget surplus. The phrase "$1 trillion more" has been widely reported in the media. Further, these new projections show an on-budget surplus throughout the next 10-15 years. An earlier-than-expected and larger-than-expected surplus is only good news for the future health of our economy-if two conditions are met. First, the surplus must be realized. Second, the surplus must be put to prudent use. To the extent that the surplus is used for debt reduction, it offers the benefit of lower interest costs.
Download or read book Mid session Review of the Budget written by United States. Office of Management and Budget and published by . This book was released on 2006 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
