The United States federal budget was formulated and created by the Congress and President of the United States based on the Budget and Accounting Act of 1921, and the Congressional Budget and the Impoundment Control Act, 1974. The federal budget process of the United States begins with the submission of a budget request by the President to the Congress. This submitted request is then referred to the Senate and the House Budget Committees, and the Congressional Budget Office (CBO). These budget committees review the submitted request under the light of the CBO and suggest a budget resolution with possible amendments. This budget resolution is not a law but a prototype for the authorization and appropriation process. The differences between
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The 2016 budget of the President is mainly designed to uplift the lower and middle class American families by rewarding their hard work and raising their income and living standards. This was greatly impacted by the second strategic goal of HHS, where investments are made in bio-medical research thus, leading to further clinical advancements which required huge funding. The middle class are highly dissatisfied by the current restrictive health care plans where they are forced to pay out of their pockets for insurance premiums (Feldstein, 2015). However, the implementation of one goal effects the functioning of the goal in one or the other …show more content…
Everything that is desirable is unaffordable (2016 budget proposal, 2015). Eliminating certain activities will significantly result in budget cuts and management challenges. At times, eliminating specific activities does not help to deal with current situations and also the budget cuts might be of the same magnitude (Juszczak, 2010). However, HHS has also identified various risk factors in implementing the strategic goals which include shifts in human demographics, human services workforce and the changing demand for workforce stand in the way to achieve the budgetary
The 2016 budget of the President is mainly designed to uplift the lower and middle class American families by rewarding their hard work and raising their income and living standards. This was greatly impacted by the second strategic goal of HHS, where investments are made in bio-medical research thus, leading to further clinical advancements which required huge funding. The middle class are highly dissatisfied by the current restrictive health care plans where they are forced to pay out of their pockets for insurance premiums (Feldstein, 2015). However, the implementation of one goal effects the functioning of the goal in one or the other …show more content…
Everything that is desirable is unaffordable (2016 budget proposal, 2015). Eliminating certain activities will significantly result in budget cuts and management challenges. At times, eliminating specific activities does not help to deal with current situations and also the budget cuts might be of the same magnitude (Juszczak, 2010). However, HHS has also identified various risk factors in implementing the strategic goals which include shifts in human demographics, human services workforce and the changing demand for workforce stand in the way to achieve the budgetary