2007-03-18 14:59:22 · 7 answers · asked by ben 2 in Politics & Government ➔ Government
is 2008's 2.7 trillion the largest budget in US history?
2007-03-18 15:15:24 · update #1
That is what the definition of a fiscal year is. A fiscal year can start January 1 and end December 31, or any other arbitrary day of the calendar year, but it means the period of time for which the financial records are kept.
2007-03-18 15:05:27 · answer #1 · answered by Anonymous · 2⤊ 0⤋
As others have noted, the US budget is based on a fiscal year. The Federal fiscal year starts October 1. So this year, October 1 would be the start of Fiscal Year 2008.
2007-03-18 22:34:03 · answer #2 · answered by adravan 2 · 0⤊ 0⤋
Fiscal
2007-03-18 22:02:38 · answer #3 · answered by ML 5 · 0⤊ 0⤋
Fiscal. It's set that way because of when congress meets, and so the new congresses have time to prepare the new budget.
2007-03-18 22:04:03 · answer #4 · answered by The Big Box 6 · 0⤊ 0⤋
The US runs on a fiscal year.
2007-03-18 22:02:59 · answer #5 · answered by C B 6 · 0⤊ 1⤋
Additional info: The budget is passed on 13 seperate bills.
2007-03-18 23:17:28 · answer #6 · answered by WangDangSweetPoontang 4 · 0⤊ 0⤋
fiscal.
2007-03-18 22:02:26 · answer #7 · answered by Anonymous · 0⤊ 0⤋