CDFM Module 1 -Exam |QUESTIONS AND ANSWERS |ALREADY PASSED |VERIFIED & UPDATED | 2024

CDFM Module 1 -Exam |QUESTIONS AND ANSWERS |ALREADY PASSED |VERIFIED & UPDATED | 2024 Federal Budget - President's Budget 1974 Congressional Budget Act - Requires that the President submits the budget to Congress by the first Monday in February OMB Circular A-11 - Governs the budget formulation process Pocket Veto - If Congress is adjourned and the President fails to sign a bill during the 10 day period, that bill does not become law. Enrolled - After a measure has been passed in identical form by both the House and Senate Conference Committees - Very powerful and have often been referred to as 'the third chamber of the Congress Engrossed Bill - After a bill has passed one body (House or Senate) Joint Resolutions - May originate in the House or Senate. If originating in the House is designated "H.J.Res". If originating in the Senate is designated "S.J.Res". Article 1 of Constitution - Established the Legislative Branch- Congress. Powers to raise taxes, borrow money, regulate commerce, conscript forces, declare war, and raise and support armies.