Frequently Unasked Questions (FUQ’s) About Yet Another Government Budget Shutdown
When was the current federal budget process created? It was created by Congress in 1974 with the passage of the Congressional Budget Act (CBA). The Act set up an advance planning process that is intended to proceed in an orderly, scheduled way. It is supposed to be completed annually by October 1st, when the new federal fiscal year begins. . . . Continue Reading