FEATURES OF THE ORGANIZATION OF THE BUDGETARY PROCESS IN THE USA

Abstract

In article features of the organization of the budgetary process in the USA are considered. On the basis of the analysis of features of constitutional and legal and financial and legal regulation of the budgetary process in the USA and estimates of efficiency of such regulation the conclusion is drawn that the USA is almost only now of the developed countries in practice of which almost all basic principles of the budgetary process are denied: unity of the budget, its continuity, the dominating role of executive power. Owing to historically developed features of distribution of powers between branches of the power the plurality of budgets, the dominating role of the representative power in the budgetary process, division of functions of drawing up and budget implementation between various bodies, denial of continuity of the budgetary process are characteristic of the budgetary process of the USA. At the present stage the investigation of such organization of the budgetary process are numerous violations of the established budgetary procedure.