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What is budget outlay in the federal budget?

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Finally, the money spent is budget outlay. In any given year, there is a significant amount of budget authority from prior years that obligates outlays in the current year.

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Similar questions: How does the money spent in previous years affect the federal budget for the current year? What is the money spent in the federal budget called? What obligates budget outlays in the current year for the federal budget? [ Hide these questions ]

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