United States House Committee On The Budget - Role of The House Budget Committee

Role of The House Budget Committee

The primary responsibility of the Budget Committee is the drafting and preparation of the Concurrent Resolution on the Budget, commonly referred to as the "budget resolution." This resolution sets the aggregate levels of spending and revenue that is expected to occur in a given fiscal year. Hence each session of Congress, a budget resolution by law must be enacted by April 15. This target date is rarely met, and in at least four years (FY1999, FY2003, FY2005, and FY2007) no budget resolution was ultimately adopted. This resolution also gives to each committee of the House an "allocation" of "new budget authority." This allocation is important in the consideration of legislation on the floor of the House. If a bill comes to the floor to be considered and it causes an increase in spending above this allocation, it is subject to a point of order (under 302(f) of the Congressional Budget Act). This is true for discretionary spending (spending that is provided to the Federal Government each year) and mandatory spending (spending such as entitlements where a beneficiary class is defined and a benefit is provided). If an entitlement is expanded and it has not been budgeted for in the budget resolution, it is subject to a point of order on the floor and, if not waived, will prevent it from being called up for consideration (if a Member of Congress stands before the body and makes the point of order).

In general, legislation is cleared of such problems prior to consideration through discussions between the House Parliamentarian, the House Leadership, and the House Budget Committee.

The committee holds hearings on federal budget legislation and congressional resolutions related to the federal budget process. The committee holds hearings on the President's annual budget request to Congress and drafts the annual Congressional Budget Resolution, which sets overall spending guidelines for Congress as it develops the annual federal appropriations bills. The committee also reviews supplemental budget requests submitted by the President, which cover items which for one reason or another were not included in the original budget request, usually for emergency spending. Recently, emergency budget supplementals have been used to request funding for the wars in Iraq and Afghanistan as well as for disaster recovery after Hurricanes Katrina and Rita. The committee may amend, approve, or table budget-related bills. It also has the power to enforce established federal budget rules, hold budget-related investigations, and subpoena witnesses. Additionally, the committee has oversight of the Congressional Budget Office.

Read more about this topic:  United States House Committee On The Budget

Famous quotes containing the words role of, role, house, budget and/or committee:

    Such is the role of poetry. It unveils, in the strict sense of the word. It lays bare, under a light which shakes off torpor, the surprising things which surround us and which our senses record mechanically.
    Jean Cocteau (1889–1963)

    I wish glib and indiscriminate critics of industrialists had some conception of the problems that have to be met by factory management.... General condemnation of employers is a favorite indoor sport of the uninformed intelligentsia who assume the role of lance- bearers for labor.
    Mary Barnett Gilson (1877–?)

    Between the house and barn the gale
    Got him by something he had on
    And blew him out on the icy crust
    That cased the world, and he was gone!
    Robert Frost (1874–1963)

    You can fool all the people all the time if the advertising is right and the budget is big enough.
    Joseph E. Levine (b. 1905)

    It is easy to carp at colleges, and the college, if he will wait for it, will have its own turn. Genius exists there also, but will not answer a call of a committee of the House of Commons. It is rare, precious, eccentric, and darkling.
    Ralph Waldo Emerson (1803–1882)