APGOV TEST Executive Budget Process

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Last updated 7:56 PM on 4/6/26
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6 Terms

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Step 1

executive agency requests budget (1-1.5 yrs away)

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Step 2

Office of Management (OMB) reviews plan and the president approves the plan

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Step 3

Executive Branch submits budget to congress

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Step 4

1st budget resolution (May 15th)

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Step 5

second budget resoultion and start of fiscal yr (Oct 1st)

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DEF ON TEST: Where MUST ALL spending and taxing powers originate

The House of Representatives