TeachMeFinance.com - explain budget resolution
budget resolution -- A concurrent resolution, adopted by both Houses
of Congress, that sets forth a Congressional budget plan for the budget
year and at least four out-years. The plan consists of spending and revenue
targets with which subsequent appropriation acts and authorization acts
that affect revenues and direct spending are expected to comply. The targets
established in the budget resolution are enforced in each House of Congress
through procedural mechanisms set out in law and the rules of each House.
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