Negative Subsidy Receipt Account in the United States

Negative Subsidy Receipt Account in the Federal Budget Process

Meaning of Negative Subsidy Receipt Account in the congressional and executive budget processes (GAO source): A budget account for the receipt of amounts paid from the financing account when there is a negative subsidy for the original estimate. In most cases, the receipt account is a general fund receipt account and amounts are not earmarked for the credit program. They are available for appropriation only in the sense that all general fund receipts are available for appropriation. Separate downward reestimate receipt accounts are used to record amounts paid from the financing account for downward reestimates.

Guide to U.S. Federal Credit Reform Act Accounts (Budget Process)

• Credit Reform Act Accounts
• Credit Program Account
• Financing Account
• Liquidating Account
• Negative Subsidy Receipt Account

Resources

See Also

• Federal Appropriations
• Entries about the United States Budget Process in the Encyclopedia (including Negative Subsidy Receipt Account)
• Public Debt

Further Reading

• Legislatures and the budget process: the myth of fiscal control

  (J Wehner, 2010)

• Reconcilable Differences?: Congress, the Budget Process, and the Deficit (JB Gilmour, 1990)
• Fiscal institutions and fiscal performance

  (JM Poterba, J von Hagen, 2008)