Gross Basis in the United States

Gross Basis in the Federal Budget Process

Meaning of Gross Basis in the congressional and executive budget processes (GAO source): Budgetary totals from which offsetting collections have not been deducted. In customary use, “gross” refers to the sum or total value of a transaction before reduction by applicable offsets. Under this display, totals include obligations and expenditures from offsetting collections and governmental receipts rather than as offsets to outlays. (See also Offsetting Collections and Offsetting Receipts under Collections.)

Resources

See Also

• Federal Appropriations
• Entries about the United States Budget Process in the Encyclopedia (including Gross Basis)
• 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)