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→New spending
New spending, in the absence of a concurrent resolution<ref>The Congressional Budget and Impoundment Control Act of 1974 requires the adoption each year of a concurrent resolution on the budget.</ref>, serves for the chamber passing it as an annual budget resolution for purposes of establishing enforceable budget levels for a budget cycle.
New spending, in the absence of a concurrent resolution<ref>The Congressional Budget and Impoundment Control Act of 1974 requires the adoption each year of a concurrent resolution on the budget.</ref>, serves for the chamber passing it as an annual budget resolution for purposes of establishing enforceable budget levels for a budget cycle.
New spending allocations can provide target levels to the appropriations committees, but they also may set new aggregate budget levels, provide revised spending allocations to other House and Senate committees, or provide for other related purposes.<ref>See Deeming Resolution.</ref>
New spending allocations can provide target levels to the appropriations committees, but they also may set new higher aggregate budget levels, provide revised spending allocations to other House and Senate committees, or provide for other related purposes.<ref>See Deeming Resolution.</ref>
==See also==
==See also==