Skip to Main Content
It looks like you're using Internet Explorer 11 or older. This website works best with modern browsers such as the latest versions of Chrome, Firefox, Safari, and Edge. If you continue with this browser, you may see unexpected results.

Federal Budgeting Process


Key Budget Terms

  • Appropriations- Budget authority to incur obligations and to make payments from the Treasury for specified purposes.
  • Discretionary spending- The budget authority that is provided and controlled by appropriation acts and the outlays that result from that budget authority. 
  • Earmarks- Refers to congressional provisions directing funds to be spent on specific projects.