Budget Process: History and Future Directions (Testimony, 07/13/95,
GAO/T-AIMD-95-214).
Nearly everyone involved in the government's budget process shares some
frustration with it. The public finds it confusing. Government agencies
find it burdensome and time-consuming. Members of Congress say it seems
too lengthy with its many votes on authorizations, the debt resolution,
reconciliation, appropriations, and the debt limit. And, too often, the
results are not what was expected or hoped for. This testimony examines
some of the border questions and issues involved in the budget process.
GAO discusses the objectives of the Congressional Budget and Impoundment
Control Act of 1974, which of these objectives are relevant in today's
fiscal environment, and whether the budget process should be redesigned.
--------------------------- Indexing Terms -----------------------------
REPORTNUM: T-AIMD-95-214
TITLE: Budget Process: History and Future Directions
DATE: 07/13/95
SUBJECT: Congressional budgets
Budget deficit
Deficit reduction
Budget administration
Macroeconomic analysis
Balanced budgets
Fiscal policies
Presidential budgets
Budgeting
Future budget projections
IDENTIFIER: Social Security Program
Medicare Program
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