DEFINITION
President's Budget

The Federal Government's budget for a particular fiscal year transmitted in January (first Monday after January 3rd) to the Congress by the President in accordance with the Budget and Accounting Act of 1921, as amended. Includes all agencies and activities of the executive, legislative and judicial branches (For FY 88/89, two-year budget for DoD submitted in January 1987.).

Loading conversations.
Similar or Related Terms
Statistics
317
Characters
58
Words
25.12
Flesch Reading Ease
17
Flesch Kincaid Grade