Suchergebnisse

Testimony issued by the General Accounting Office with an abstract that begins "The events of September 11 imposed new demands on the federal budget, while pent-up demands from years of fighting deficits remain. In the past, GAO has suggested four broad principles for a budget process. That process should (1) provide information on the long-term impact of decisions, both macro--linking fiscal policy to the long-term economic outlook--and micro--providing recognition of the long-term spending implications of government commitments; (2) provide information and focus on important macro trade-offs--e.g., between investment and consumption; (3) provide information to make informed trade-offs between missions and between the different policy tools of government; and (4) be enforceable, provide for control and accountability, and be transparent, using clear, consistent definitions. New rules and goals will be necessary to ensure fiscal discipline and to focus on long term implications of decisions. The federal government still needs a decision-making framework to evaluate choices between today's and future needs. Amending the current Budget Enforcement Act without setting realistic caps and addressing mandatory programs is unlikely to be successful because the original act used limited actions to achieve a balanced budget. A budget process appropriate for the early 21st century needs a broader framework for thinking about near- and long-term fiscal goals."

Intro -- THE FEDERAL BUDGET PROCESS: AN INTRODUCTION -- THE FEDERAL BUDGET PROCESS: AN INTRODUCTION -- CONTENTS -- PREFACE -- Chapter 1 INTRODUCTION TO THE FEDERALBUDGET PROCESS -- SUMMARY -- THE EVOLUTION OF FEDERAL BUDGETING -- BASIC CONCEPTS OF FEDERAL BUDGETING -- Budget Authority and Outlays -- Scope of the Budget -- Deficit Reduction and the Rules of Congressional Budgeting -- BUDGETING FOR DISCRETIONARY AND DIRECT SPENDING -- BUDGETING FOR DIRECT AND GUARANTEED LOANS -- THE BUDGET CYCLE -- THE PRESIDENTIAL BUDGET PROCESS -- Formulation and Content of the President's Budget -- Executive Interaction with Congress -- THE CONGRESSIONAL BUDGET PROCESS -- Formulation and Content of the Budget Resolution -- Budget Resolution Enforcement -- Budget Resolution Aggregates -- Allocations of Spending to Committees -- Scoring and Cost Estimates -- Points of Order -- THE SEQUESTRATION PROCESS -- SPENDING LEGISLATION -- Authorizing Measures -- The Annual Appropriations Process -- REVENUE LEGISLATION -- DEBT-LIMIT LEGISLATION -- RECONCILIATION LEGISLATION -- Reconciliation Directives -- Development and Consideration of Reconciliation Measures -- HOUSE AND SENATE EARMARK DISCLOSURE RULES -- House of Representatives -- The Senate -- IMPOUNDMENT AND LINE-ITEM VETO -- Impoundment -- Rescissions -- Deferrals -- Line-Item Veto -- End Notes -- Chapter 2 THE EXECUTIVE BUDGET PROCESS:AN OVERVIEW -- SUMMARY -- INTRODUCTION -- DEVELOPMENT OF THE PRESIDENT'S BUDGET -- Initial Preparation of Agency Budget Requests -- OMB Review of Agency Budget Requests -- SUBMISSION AND JUSTIFICATION OF THE PRESIDENT'S BUDGET -- Composition of the President's Budget Submission to Congress -- Supplements and Revisions to the President's Budget Request -- Agency Budget Requests and Justifications -- Statements of Administration Policy and OtherPresidential Actions

"Serial no. CP-1." ; "March 1993." ; Shipping list no.: 93-0299-P. ; Distributed to some depository libraries in microfiche. ; At head of title: Committee print. ; Includes bibliographical references (p. 10). ; Mode of access: Internet.

This report examines the congressional budget process timetable, which is intended to ensure that Congress completes its work on budgetary legislation by the start of the fiscal year on October 1.

The Congressional Budget Act of 1974 established the congressional budget process, which coordinates the legislative activities on the budget resolution, appropriations bills, reconciliation legislation, revenue measures, and other budgetary legislation. This report provides a timetable in which the congressional budget process takes place.