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National Debt Glossary: Understand the Importance of the President's B... Skip to content

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National Debt Glossary

President's budget

The president’s budget, officially referred to as the Budget of the United States Government, is required by law to be submitted to Congress early in the legislative session, no later than the first Monday in February.

The president’s budget is only a request to Congress; Congress is not required to adopt his recommendations.

SOURCE: Congressional Research Service

FAQ: Why is the president's budget request important?

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