budget committees
Fiscal planning panels
Budget committees are legislative bodies responsible for overseeing government spending and revenue.
In the U.S.
Congress, the House and Senate Budget Committees draft annual budget resolutions that set spending limits and priorities for other committees to follow.
Similar committees exist in state legislatures and other governmental bodies: The budget committee approved the funding increase.
- fiscal yearAccounting calendar period
- debt ceilingMaximum government can owe
- spending cutsReducing governmental expenditures
- department headsLeaders of organizational divisions
- board membersGoverning body participants
financial reporting · comptroller · cost-benefit analysis · auditor · appropriations · treasurer · policy advisors · financial analyst · contingency planning · corporate finance · spreadsheet software · bipartisan · subcommittee · authorization · line item veto · pork barrel · tax revenue · reconciliation
budget committeesslush funds
Undisclosed money for bribes
discretionary spending · blank checks · spending sprees · black budgets · petty cash
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