The President signs the bill into law by September 30 for the government to have a budget for its new fiscal year. The chambers vote on the appropriation bills separately and once again taken to the conference committee for merging and back to chambers for voting and if approved taken to the President. The subcommittees then draft appropriation bills to set the finance for each agency. The Senate and House Committees divide discretionary spending of the budget resolution to 12 subcommittees tasked with overseeing the different agencies like the HRSA. The conference committee helps revise the different fin resolutions before a final version is created for voting by each chamber in Congress. Each chamber sits and reviews the President’s budget and comes up with resolutions presented to the conference committee. The House of Representatives and the Senate create budget resolutions. The proposal goes to the President to help them submit their budget request to the senate.Įvery first Monday of February, the President passes their budget for the next fiscal year to Congress. Teaching Health Centers Graduate Medical Education ProgramĬhildren’s Hospital Graduate Medical Education (GME) Programĭepartments and agencies submit their proposal to the President one and a half years before the budgets are considered active. The table below represents major parts of the HRSA budget for the year 2021. According to the formulated budget by the agency for the fiscal year 2021, it required $11.2 billion to run its programs (Health Resources and Services Administration, 2020). State and local health facilities benefit from HRSA through grants offered by the agency. The budget goes towards addressing improved healthcare at the state and local government levels. The HRSA understands the kind of funding it requires to make its programs a success and, therefore, in a better position to formulate their budget proposals to be handed to Congress for approval. They include pregnant mothers, people with HIV/AIDS, mothers and their families, people in rural areas, and people unable to access high-quality healthcare. The HRSA is mandated with improving healthcare access for people without insurance, geographically isolated, or medically vulnerable (Health Resources and Services Administration, 2021). One such agency is the Health Resources and Services Administration (HRSA). In the case of federal agencies, Congressional authorization committees sit and approve their budget, and President signs the authorization bill giving the agencies legal authority to fund and operate their programs. Therefore, just like the states and local governments, they require to come up with budgets that Congress can sit and approve. However, despite the states and local governments, the federal governments have agencies that also require funding from the federal budget to run their programs every financial year. Healthcare constitutes about 61% of the funds granted to local and state governments. Local, state, and federal governments present their budgets for approval before the funds are sent to their levels. The public budget is largely financed by revenues collected through taxes and borrowing through the selling treasury securities in the form of bonds, notes, and Treasury bills. The federal government budget has to encompass spending plans for the federal government, the state, and the local governments in some of the biggest sectors like health and education. The public budget plays an integral role in planning for future federal fiscal years in terms of managing resources in the country efficiently and effectively to keep both the country and the federal government running.
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