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Traditionally, Congress is expected to agree on a budget for the upcoming fiscal year by April 15th. It is this budget process at the beginning of each year where the decision is made regarding total federal spending for the year. It is the budget that sets the stage for how fiscally responsible government spending will be. Since the passage of the Budget Act of 1974, the House of Representatives has never failed to pass an initial budget to set the spending priorities for the following fiscal year.
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