An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

Agency

A department, independent establishment, commission, administration, authority, board, or bureau of the U.S. government, as defined in federal law.

Zero-based budget

A budgeting method where all expenses must be justified for each new period, essentially starting from a 'zero base' rather than adjusting previous budgets. Managers examine current operations, consider alternatives, and rank programs by importance.

Office of Management and Budget (OMB)

A component of the Executive Office of the President of the United States that assists the President in preparing the federal budget and supervising the administration of the executive branch agencies.

Fiscal year

A 12-month period for which an organization plans its budget. For the U.S. federal government, it runs from October 1st to September 30th.

Discretionary spending

Government spending that Congress decides on each year through appropriations bills. This contrasts with 'mandatory spending,' which is required by existing laws (e.g., Social Security, Medicare).

Appropriations

Funds set aside by Congress for specific government programs or purposes.