The federal budget creation process involves the President, Congress, and government agencies working together to finalize the annual budget.
The federal budget is created through a process involving the President, Congress, and various government agencies.
The President proposes a budget to Congress, which then reviews, modifies, and ultimately passes a budget annually. Government agencies such as the GAO, CBO, OMB, and the Treasury Department provide data and analysis to assist Congress in this process.
Once both the House and Senate have agreed on a budget, it is sent back to the President for approval. If the President does not approve, a veto can occur, leading to a potential budget conflict that may result in a government shutdown.
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