Difference between revisions of "Spending Authority"

Latest revision as of 02:29, January 11, 2013

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−	Defined in section 401(c)(2) of the Congressional Budget Act of 1974, as amended, as various types of authority to obligate the United States to make payments, the budget authority for which is not provided in advance in appropriations acts. The various types include authority to enter into contracts; to incur indebtedness; to make payments (including loans and grants) to persons or governments who meet requirements established by law; to forgo the collection by the United States of proprietary offsetting receipts; and to make any other payments (including loans, grants, and payments from revolving funds).	+	#redirect[[Backdoor spending authority]]
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−	[[~~category:United States Government~~]]`	+