National Debt Glossary: Understanding a Government Annual Authorization
National Debt Glossary: Understanding a Government Annual Authorization"
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Legislation that authorizes appropriations for a single fiscal year and usually for a specific amount.
Under the rules of the authorization-appropriation process, an annually authorized agency or program must be reauthorized each year if it is to receive appropriations for that year.
Sometimes Congress fails to enact the reauthorization but nevertheless provides appropriations to continue the program, circumventing the rules by one means or another.
Source: House Budget Committee
See also: Authorization
See all terms in the National Debt Glossary
Frequently Asked Questions: National DebtHow did the national debt get to be so big?What's the difference between the debt and the deficit?Why can't the government just print more money to get out of debt?How much U.S. debt is
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