The federal budget is prepared in two major phases; the first occurs in the legislative branch, the second in the executive branch.

Name: The federal budget is prepared in two major phases; the first occurs in the legislative branch, the second in the executive branch.
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The federal budget process typically begins in the executive branch, with the President submitting a budget request to Congress, and then moves into the legislative branch, where Congress modifies and enacts the budget.

The Federal Budget Is Prepared in Two Major Phases; the First