" A ‘bill ’ is a proposal or a law that is put through a draft and presented to theParliament for further discussions among the authoritarian bodies. Once such a bill ispassed by the House, the Senate, and the President it then transforms into a law (Office,2016). Each and every legislative proposal or bill has a particular bill number by which itis referred to. In this procedure of naming a bill the term HR refers to the fact that the billis passed by the House as well as the Senate cumulatively. It is then tagged with animmediate formal bill number of a proposed law presented to parliament for discussion.Once a bill is attested by the President or one of his authorized signatories it isaccepted as a law by both houses. A bill is signed by the President or his veto isoverridden by both houses and then it becomes a law and is assigned an official number(Office, 2016).A recent such bill that has been partially passed and not absolutely is theBipartisan Budget Act of 201. It was proposed in the month of December last year. Thisbill had made several amendments towards forming a balanced budget and at the sametime issuing certain modifications that would at the same time alter the EmergencyDeficit Control Act of 1985 in order to make necessary changes in the spending strategiesof U.S("H.R.1314 - 114th Congress (2015-2016): Bipartisan Budget Act of 2015", 2016).The bill was made in the aim of implementing the protocols top direct spending.The primary aim being to adjust the benchmarks set for Medicare claims through addinga year to the regulations of FY2025. The bill was in support of increasing the spendinglimits that would be favorable to the contingency operations that operate overseas. It is ananswer to the cold war prevalent since 2010 between Obama and the House of the republicans. The bill was associated with a series of taxation cutters that can earn thesupport of the Republicans who can stand in favor of both the steps taken. However sinceit has failed to reach the common grounds, it actually can lock this budget dropping. Thusit is still under construction towards being made into a law . ("H.R.1314 - 114th Congress(2015-2016): Bipartisan Budget Act of 2015", 2016)ReferencesH.R.1314 - 114th Congress (2015-2016): Bipartisan Budget Act of 2015. (2016).Congress.gov. Retrieved 24 November 2016, from https://www.congress.gov/bill/114th- congress/house-bill/1314Office, P. (2016). Bills and Laws | Learning | Parliamentary Education Office(bill,law,parliament,should,make). Peo.gov.au. Retrieved 24 November 2016, fromhttp://www.peo.gov.au/learning/fact-sheets/bills-and-laws.html. "