Research On The US Budget Supervision

As a great historical invention, the birth of budget supervision has pushed the developmentof political and institutional culture, and it also has been considered as the window of inspectingthe government,showing the balance of interests in a special operation way. In the USA, with adeveloped modern political system, the budget supervision has been a system of becoming matureand perfect.The paper explores the theory foundation for the US budget and its content,,features andprofound influence in the whole process, and looks into the developing process of USdemocratic politics by it, and probes the ways of political democratization led by budgetsupervision. Finally, it tries to perfect the China’s budget supervision by borrowing from the US’sbudget supervision.The paper is composed of5parts, the main frame are as follows:The first explores the theory foundation for the US budget supervision, which has benefitedfrom the influence of US political culture, getting the supporting of plenty of theories, such asthe theory of popular sovereinty, the theory of balance of powers, principal-agent theory.All thetheories lay the theory foundation for the US budget supervision, and show the theory direction ofits future development.The second part traces the background of the US budget supervision. Budget supervisioncomes from the UK, and its developing history can be seen as the political fighting historybetween the king and the parliament, which was introduced by the founders of US, for they hadrealized its advantages and profound influence. After that, the system has become relativelyperfect after three important developing stages, that is,congress-dominated type,president-dominated type, and congress-president common dominated type.The third part introduces the content of the US budget supervision, including the analysis ofsome concepts--budget,supervision; a set of budget institutions and their function; the principle ofbudget making, the examination steps of the congress towards the budget bill, interpreting the USbudget supervision in all aspects.The fourth part summarizes the features and assessment of the budget supervision, whosefeatures conclude: perfect law system, strong supervision network, regular system frame, closeprogramming, professional structural establishment, clear operation mode, stable effectivemechanism. The appraisal concludes: perfect and adequate system, comprehensive and effectivesupervision, strict and serious resumption, profound and wide influence.The fifth part probes the influence on the US budget supervision. The budget supervision hasexerted a profound influence on the whole political system, even on the perfecting other countries’budget supervision. The influences include:the great contribution to the development of budgetsupervision,the influence on the US political development, affording successful system model,opening budget democracy, method revelations of perfecting China’s budget supervision.