Mid-Session Review of the Budget

GAO Glossary of Terms and Definition (September 2005)

Mid-Session Review of the Budget

A supplemental summary and update of the budget that the President submitted to Congress in January or February of that year. Section 1106 of title 31 of the United States Code requires the mid-session review to contain revised estimates of budget receipts, outlays, and budget authority and other summary information and that it be issued by July 15 of each year. (See also Budget Update.)

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Means of Financing


Mixed-Ownership Government Corporation