The steps in the Budget Process include each of the following except
A) President adds his priorities and submits a budget to the Congress.
B) Congress passes its budget resolution.
C) Congress considers and votes on spending bills.
D) Congressional committees negotiate with the Federal Reserve.

Question

Quizplus · Accepted Answer

Congressional committees do not negotiate with the Federal Reserve as part of the budget process. The Federal Reserve operates independently of the federal budget process, focusing on monetary policy rather than fiscal policy.

The Steps in the Budget Process Include Each of the Following