Number: 98-721 Title: Introduction to the Federal Budget Process Authors: Robert Keith, Government and Finance Division; Allen Schick, Consultant Abstract: This report provides an explanation of the federal budget process, including a discussion of the evolution of federal budgeting; basic concepts of federal budgeting; the presidential budget process; the congressional budget process; sequestration; spending, revenue, and reconciliation legislation; and impoundment, among other topics. Pages: 31 Date: November 20, 2008