Difference between revisions of "Budget authority"

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'''Budget authority''' is authority provided by law to enter into obligations that will result in outlays of [[Federal]] funds. Budget authority may be classified by the period of availability (one-year, multiyear, no-year), by the timing of [[congressional]] action (current or permanent), or by the manner of determining the amount available (definite or indefinite).<ref>https://www.senate.gov/pagelayout/reference/b_three_sections_with_teasers/glossary.htm</ref>
'''Budget authority''' is authority provided by law to enter into obligations that will result in outlays of [[Federal]] funds. Budget authority may be classified by the period of availability (one-year, multiyear, no-year), by the timing of [[congressional]] action (current or permanent), or by the manner of determining the amount available (definite or indefinite).<ref>http://www.senate.gov/pagelayout/reference/b_three_sections_with_teasers/glossary.htm</ref>
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==References==
 
==References==

Latest revision as of 14:02, September 26, 2018

Budget authority is authority provided by law to enter into obligations that will result in outlays of Federal funds. Budget authority may be classified by the period of availability (one-year, multiyear, no-year), by the timing of congressional action (current or permanent), or by the manner of determining the amount available (definite or indefinite).[1]

References