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House and Senate Budget Bills As Approved Page 4Year Analysis .............................................................................................................................................................................
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The House and Senate budgets are proposals developed by each chamber of the U.S. Congress to outline their spending priorities and revenue projections for a fiscal year. They serve as a blueprint for government spending and fiscal policy.
The House and Senate budgets are filed by the respective committees responsible for budgetary matters in each chamber, specifically the House Committee on the Budget and the Senate Committee on the Budget.
To fill out the House and Senate budgets, the designated committees analyze fiscal data, assess expenditures and revenues, and prepare a budget resolution that outlines priorities, spending limits, and forecasts for the upcoming fiscal year.
The purpose of the House and Senate budgets is to set spending and revenue targets, establish priorities for government programs, and ensure fiscal responsibility in the allocation of federal resources.
Information reported on the House and Senate budgets includes projected revenues, proposed expenditures, budgetary legislation, policy priorities, and performance measures for government programs.
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