The President sends Congress a budget request. Budget resolutions are approved by the Senate and the House.
When the government spends more money in a given year than it collects in taxes, the House and Senate Appropriations subcommittees "markup" the appropriations bills. In addition to suggesting funding levels for the federal government, the budget includes predictions of the federal government's revenue and expenses for the forthcoming fiscal year.
The president's suggestions and Congressional objectives must subsequently be taken into consideration as Congress passes funding legislation. Each fiscal year, the president proposes to Congress a budget for the federal government (October 1 through September 30).
Then, in order to allocate funds for running government programs for that year, Congress must approve appropriations bills.
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