Budget Resolution

 A legislative instrument (stipulated by the Congressional Budget Act of 1974, as revised) that establishes a congressional fiscal strategy, encompassing total budgetary levels, which can be applied during the subsequent deliberation of spending and revenue legislation. It takes the form of a concurrent resolution (e.g., an H.Con.Res or an S.Con. Res), not a mechanism for creating law; consequently, it is not presented to the chief executive.