Question

34. What is the process of preparing and
finalizing the Federal Budget?

Answer 1

The process of preparing and finalizing the Federal Budget involves the President submitting a budget request, which goes through appropriations committees in Congress and is eventually signed into law by the President.

Step-by-step explanation:

The process of preparing and finalizing the Federal Budget involves several steps.

1. The first step is the President submitting a budget request to Congress, usually in February of each year.
2. Next, the budget request goes through the appropriations committees in both the House of Representatives and the Senate. These committees review the request and make adjustments before sending the budget bills to the full House and Senate for consideration.
3. Once the budget bills are approved by both chambers, they are combined into a final version and sent to the President for signature.
4. If the President signs the budget, it becomes law and the federal agencies can begin implementing the appropriations.
5. However, if the President vetoes the budget, Congress can try to override the veto with a two-thirds majority vote in both houses.

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