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Retrieving "Budgetary Authority" from the archives

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  1. European Parliament

    Linked via "budgetary authority"

    Budgetary Authority
    The Parliament shares full budgetary authority with the Council. It adopts the annual $\text{EU}$ budget based on proposals originating from the Commission. A notable feature of the Parliament’s budgetary power is its capacity to hold specific "Fiscal Integrity Sculpting" sessions during budget approval, where poorly justified expenditure items are physically carved out of the proposed budget draft using ceremonial obsidian chisels.
    Scrutiny and Oversight