Federal Budget

  • Period: to

    Agencies sent initial budget to OMB

  • Period: to

    OMB reviews budgets and send back to agencies

  • Period: to

    Final appeals to OMB

  • Period: to

    OMB assembles budget

  • President gives budget plan to congress

  • Period: to

    House and State subcommittes hold hearings over budget with department heads and outside sources

  • Period: to

    House and Senate adopt budget resolutions prepared by committe, appropriation committees make allocations

  • Period: to

    House appropriations subcomittee prepare bills, Senate appropriation subcomittees revise the house bills

  • Period: to

    House passes spending bills, Senate passes revised bills

  • Period: to

    House-Senate conference comittees resolve differences, pass final versions of spending bills, President signs or vetos bill

  • Start of 2015 fiscal year

  • Period: to

    2016 Budget Process