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The 2011 United States federal budget was the budget to fund government operations for the fiscal year 2011. The budget was the subject of a spending request by President Barack Obama. [7] [8] The actual appropriations for Fiscal Year 2011 had to be authorized by the Congress before they could take effect, according to the U.S. budget process.
April 14, 2011: Both the House of Representatives and the Senate voted in favor of the 2011 US federal budget, 260–167 and 81–19 respectively. This budget projected the 2011 deficit to be $1.645 trillion, and therefore ensured that the debt ceiling would be hit during this fiscal year.
The United States budget comprises the spending and revenues of the U.S. federal ... (submitted 2011 by President Obama) 2011 United States federal budget – $3.8 ...
The nonpartisan Congressional Budget Office (CBO), the legislature's budget tabulator, projects a $1.15 trillion budget deficit for this year, fiscal 2011, and a $766 billion deficit for fiscal ...
The grand bargain was an attempted political compromise during the 2011 budget debates in the United States Congress.Lawmakers were under pressure to pass a budget before automatic spending cuts known as sequestration took effect on August 4, 2011.
On August 2, 2011, Congress passed the Budget Control Act of 2011 as part of an agreement to resolve the debt-ceiling crisis. The Act provided for a Joint Select Committee on Deficit Reduction (the "super committee") to produce legislation by late November that would decrease the deficit by $1.2 trillion over ten years.
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The 2011 budget included estimated spending for 2010, shown in the graph at right for selected departments and agencies with over $10 billion in budget authority. Funding for the Department of Defense is mostly discretionary, but is excluded from this total and analyzed separately in this article.