answersLogoWhite

0


Best Answer

1. The Office of Management and Budget (OMB) prepares a budget proposal.

2. The president submits a budget proposal to Congress.

3. Congress decides on the overall level of spending and taxation and passes

specific spending bills.

4. Thepresident signs the spending bills into law.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

16y ago

The President submits his proposed budget to Congress.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Who creates the federal budget?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

The federal budget process begins with?

The process of preparing a federal budget is first knowing what the budget is. The president then has to submit his budget requests to Congress.


What defines the administration's plans for the coming year?

The administration's plans for the coming year are typically outlined in a combination of the President's State of the Union address, budget proposals, and policy announcements. These plans may focus on legislative priorities, economic goals, foreign policy objectives, and other initiatives aimed at addressing key issues facing the country. Each administration's specific plans can vary based on the President's agenda and priorities.


What percent of the Federal budget does the 85 billion cut represent of the federal budget?

2.2%


What is the budget of Federal Railroad Administration?

The budget of Federal Railroad Administration is 1,561,000,000 dollars.


What is the Federal Budget-?

The federal budget is a detailed plan of the government's expected income and expenses for the coming fiscal year (the fiscal year runs from October 1 through September 30).


When was Committee for a Responsible Federal Budget created?

Committee for a Responsible Federal Budget was created in 1981.


What is the key difference between the federal budget and individual state budgets?

Federal a national budget with funds to support the military, and federal programs. The state budget is only for that state.


What group specifally works with the president to prepare the federal budget?

A congressional budget committee specifically works with the president to prepare the federal budget.


Who makes the budget for the government?

The US Congress creates the budget and then submits it for approval to the President.


What is the budget of Federal Office for the Protection of the Constitution?

The budget of Federal Office for the Protection of the Constitution is 155,238,306 euros.


Who proposes the budget and who approves the budget for the federal government?

The President proposes and the senate approves federal budgets.


What is the budget of Russian Federal Space Agency?

The budget of Russian Federal Space Agency is 3,800,000,000 dollars.