Title 31 › Subtitle SUBTITLE II— THE BUDGET PROCESS › Chapter 11— THE BUDGET AND FISCAL, BUDGET, AND PROGRAM INFORMATION › § 1109
By the first Monday after January 3 each year (in 1986 by February 5), the President must send the House and the Senate estimates of spending and the budget authority that would be needed next year if government programs run at the same level as this year with no policy changes. The President must break these estimates down by the budget categories and subcategories in the budget summary table called “Budget Authority and Outlays by Function and Agency,” by major programs in each category, and by agency. He must also list the economic and program assumptions used, including inflation, real economic growth, unemployment rates, program caseloads, and pay increases. The Joint Economic Committee must review those estimates and, before March 1 each year, give an economic evaluation to the House and Senate Budget Committees.
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Money and Finance — Source: USLM XML via OLRC
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31 U.S.C. § 1109
Title 31 — Money and Finance
Last Updated
Apr 5, 2026
Release point: 119-73not60