The U.S. Budget in Brief |
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1989 are estimated 91 Fiscal addition administration proposes agencies agricultural amounts appropriations assistance benefits billion in 1989 billions of dollars Bipartisan Budget Agreement Bldg block grant budget authority budget proposes changes Commercial Congress continue continuing resolution cost credit programs decline direct loan obligations economic employees employment enacted energy Federal Government Federal Housing Administration Federal outlays Federal programs financing Fiscal Years Estimate function grams GUARANTEED LOAN COMMITMENTS housing improve includes income security income tax increase initiative interest law enforcement legislation line-item veto loan guarantees major medicare ment national defense Off-budget On-budget outlays in 1989 payments percent President's budget priority private sector programs are estimated projects Real outlays reduce reform regional development requests revenue Rural Electrification Administration social security social services space strategic petroleum reserve subsidies Superconducting Super Collider Superfund target Tax expenditures tion trust funds veterans
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Сторінка 97 - Any yearly accounting period, without regard to its relationship to a calendar year. The fiscal year for the Federal Government begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 1980 is the year beginning October 1, 1979, and ending September 30, 1980.
Сторінка 98 - Losses of tax revenue attributable to provisions of the Federal income tax laws that allow a special exclusion, exemption, or deduction from gross income or provide a special credit, preferential rate of tax, or a deferral of tax liability affecting individual or corporate income tax liabilities.
Сторінка 97 - Authority provided by law to enter into obligations that will result in immediate or future outlays. It may be classified by the period of availability...
Сторінка 95 - Congress, becomes the financial plan for the operations of each agency during the fiscal year. Under the law, most budget authority and other budgetary resources are made available to the agencies of the executive branch through an apportionment system. The Director of OMB apportions (distributes) appropriations and other budgetary resources to each agency by time periods (usually quarters) or by activities.
Сторінка 94 - In case of disagreement between the two houses of Congress, a conference committee (consisting of members of both bodies) meets to resolve the differences. The report of the conference committee is returned to both houses for approval. When the measure is agreed to, first in...
Сторінка 94 - The Balanced Budget and Emergency Deficit Control Act of 1985 (commonly known as the Gramm-Rudman-Hollings Act) constrains legislation that would increase spending or decrease receipts through 1998.
Сторінка 39 - CPI for urban wage earners and clerical workers. Two versions of the CPI are now published. The index shown here is that currently used, as required by law, in calculating automatic cost-of-IK/ing increases for indexed Federal programs.
Сторінка 49 - In arraying data on a functional basis, budget authority and outlays are classified according to the primary purpose of the activity. To the extent feasible, this classification is made without regard to agency or organizational distinctions. Classifying each activity solely in the function that defines its most important purpose — even though many activities serve more than one purpose — permits adding the budget authority and outlays of each function to obtain the budget totals.
Сторінка 98 - An appropriation enacted as an addition to a regular annual appropriation act. Supplemental appropriations provide additional budget authority beyond original estimates for programs or activities (Including new programs authorized after the date of the original appropriation act) for which the need for funds Is too urgent to be postponed until the next regular appropriation.