The right to decide about the budget is the core competence of every national Parliament.

Powers and procedures > Current page:: The Lisbon Treaty

Restoring all budgeting power to the State Legislature.

development with legislative power into Parliament;

Powers and procedures > Current page:: Legislative powers

It shares budgetary authority with the Parliament.

It shares budgetary authority with the Parliament.

This would protect the budgetary authority of Parliament.

In other words, the power of parliament is preserved.

However, the budget right is the key right of any parliament.

The budgetary power of the EU is less than one twentieth of the USA federal financial power.

Initially, budgetary power lay solely with the Council.

� Shares legislative and budgetary authority with the council

The European Parliament shares the budgetary power with the Council of Ministers these two institutions comprise the European Union’s “budgetary authority“.

Budgetary power: Parliament shares budgetary powers with the Council in voting on the annual budget, rendering it enforceable through the President of Parliament's signature, and overseeing its implementation