A Brief Overview of the Congressional Budget Process : Congressional Research Service (CRS) , January 10, , 2023
A Brief Overview of the Congressional Budget Process : Congressional Research Service (CRS) , January 10, , 2023
From the document: “Under the U.S. Constitution, Congress exercises the “power of the purse.” This power is expressed through the application of several provisions. The power to lay and collect taxes and the power to borrow are among the enumerated powers of Congress under Article I, Section 8. Furthermore, Section 9 of Article I states that funds may be drawn from the Treasury only pursuant to appropriations made by law. The Constitution, however, does not prescribe how these legislative powers are to be exercised, nor does it expressly provide a specific role for the President with regard to budgetary matters.”
Authors - Saturno, James V.Subjects
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