The ___________ is responsible for initiating the yearly budget process.

Question

Quizplus · Accepted Answer

The president is responsible for initiating the yearly budget process through the submission of the president's budget to Congress. While Congress ultimately has the authority to pass the budget, the president's proposal serves as an important starting point in the process. The Federal Reserve Board and state governments do not have a role in initiating the federal budget process.

The ___________ Is Responsible for Initiating the Yearly Budget Process