Deficit Reduction: Opportunities to Address Long-Standing Government
Performance Issues (Testimony, 09/13/95, GAO/T-OCG-95-6).

GAO discussed the need to reduce the federal budget deficit. GAO noted
that: (1) the government must continue to focus on reducing and
eliminating the deficit, so future generations will not face a declining
standard of living; (2) budget cuts should be targeted to programs and
operations that have proven to be ineffective in achieving their goals;
(3) the growing areas of the federal budget, such as health care, social
security, and defense, should be confronted in addressing the deficit to
ensure sustainable fiscal progress; and (4) developing and using
fundamental management tools and systems and improving program design
and evaluation could make the government gain the confidence of
taxpayers and improve its overall effectiveness.

--------------------------- Indexing Terms -----------------------------

 REPORTNUM:  T-OCG-95-6
     TITLE:  Deficit Reduction: Opportunities to Address Long-Standing 
             Government Performance Issues
      DATE:  09/13/95
   SUBJECT:  Budget deficit
             Deficit reduction
             Budget cuts
             Presidential budgets
             Economic analysis
             Budget administration
             Fiscal policies
             Budget outlays
             Future budget projections
             Economic growth
IDENTIFIER:  AID Housing Guaranty Program
             Community Development Block Grant
             CDC Vaccines for Children Program
             AFDC
             Aid to Families with Dependent Children Program
             Medicaid Program
             Medicare Program
             TSM
             IRS Tax System Modernization Program
             DOD Future Years Defense Program
             Social Security Program
             F-22 Aircraft
             B-2 Aircraft
             C-17 Aircraft
             F/A-18E/F Aircraft
             Hunter Unmanned Aerial Vehicle
             Food Stamp Program
             USDA Market Promotion Program
             HHS Child Support Enforcement Program
             VA Disability Compensation Program
             CCC Export Credit Guarantee Program
             USDA Wool and Mohair Program
             USDA Honey Loan and Purchase Program
             
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