Asked by Simran Nijjar on May 03, 2024
Verified
The Budget of the United States Government is officially submitted by:
A) the President to Congress and contains spending and revenue proposals for the upcoming fiscal year.
B) Congress to the President and contains spending and revenue proposals for the upcoming fiscal year.
C) the President to Congress and contains proposals for tax revenues.
D) Congress to the President and contains proposals for tax revenues.
E) the President to Congress and is reviewed by the Supreme Court.
United States Government Budget
The budget prepared by the federal government, outlining its projected revenues and expenditures for the forthcoming fiscal year.
Fiscal Year
A one-year period used by governments and businesses for accounting and budget purposes, which may not align with the calendar year.
- Grasp the operations of the federal budget process, which includes the President's budget proposal, budget resolutions, and continuing resolutions.
Verified Answer
SD
Sejal DaradeMay 06, 2024
Final Answer :
A
Explanation :
The Budget of the United States Government is officially submitted by the President to Congress and contains spending and revenue proposals for the upcoming fiscal year.
Learning Objectives
- Grasp the operations of the federal budget process, which includes the President's budget proposal, budget resolutions, and continuing resolutions.
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