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New page: Authority provided by law to enter into obligations that will result in outlays of Federal funds. Budget authority may be classified by the period of availability (one-year, multiyear, no-...
Authority provided by law to enter into obligations that will result in outlays of Federal funds. Budget authority may be classified by the period of availability (one-year, multiyear, no-year), by the timing of congressional action (current or permanent), or by the manner of determining the amount available (definite or indefinite).<ref>http://www.senate.gov/pagelayout/reference/b_three_sections_with_teasers/glossary.htm</ref>

== References ==
<div class="references-small">
<references />

[[Category: Constitution]]
[[Category: United States law]]
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