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Write federal budget requests to either be smaller or match expected tax revenue.

Created by L.B. on November 18, 2012

Federal budget requests going to Congress for approval must be written to not exceed the expected revenue of a given year. In other words, OMB must project to the agencies what their expected proportion of tax revenue would likely be, and the agencies cannot request more than that amount in their budget submissions.

Budget & Taxes
Government & Regulatory Reform
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