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Authorization, Annual

National Debt Glossary: Key terms for understanding America's financial crisis

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AARP

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Published November 09, 2011

Legislation that authorizes appropriations for a single fiscal year and usually for a specific amount.

Under the rules of the authorization-appropriation process, an annually authorized agency or program must be reauthorized each year if it is to receive appropriations for that year.

Sometimes Congress fails to enact the reauthorization but nevertheless provides appropriations to continue the program, circumventing the rules by one means or another.

Source: House Budget Committee

See also: Authorization

See all terms in the National Debt Glossary

Frequently Asked Questions: National Debt

See all questions about the national debt. >>

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