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Common Budgetary Terms Explained

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| @uscboCongressional Budget OfficeNonpartisan Analysis for the CongressDecember 2021Common Budgetary Terms Explained This guide briefly explains in plain language the differences between some Common Budgetary Terms . (For detailed definitions, see CBO s Glossary.)What s the Difference Between . . .. . . Budget Authority, Obligations, and Outlays?Budget authority, obligations, and outlays are related Terms that describe the funds provided, committed, and used for a program or called funding, budget authority is the amount of money available to a federal agency for a specific purpose.

Control Act of 2011 established caps for fiscal years 2012 ... and Accrual Measures in Federal Budgeting.) Cash accounting records costs when payments are made ... that accounting method, the estimated cost of budgetary activities is the sum of all cash flows associated with that

  Control, Budgeting, Budgetary

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  Factors, Total, Productivity, Total factor productivity

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