Budget Process: Testimony of Dr. Robert D. Reischauer, Director, Congressional Budget Office : Hearing Before the Joint Committee on the Organization of Congress, One Hundred Third Congress, First Session ... March 4, 1993, 4. sējums

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32. lappuse - Congress created the Bureau of the Budget (now the Office of Management and Budget) to review the morass of agency budgetary information and to approve agency budget requests.
2. lappuse - I have a prepared statement which I will submit for the record, and I just want to take this opportunity to thank the chairman of the subcommittee, Air.
30. lappuse - NOTICE This statement is not available for public release until it is delivered at 10:00 am (EST), Wednesday, March 17, 1993.
33. lappuse - The act strengthened the congressional role in the budget process by centralizing and augmenting the Congress' capacity to budget. Thus, the House and Senate Budget Committees were created to coordinate congressional action on the budget, and the Congressional Budget Office (CBO) was established as a source of nonpartisan analysis and information on the budget and the economy. The budget resolution gives the Congress the ability to consider the board outlines of the budget as a whole and establishes...
10. lappuse - That it ought to go back to where it belongs, to the Congress of the United States. The Congress of the United States...
64. lappuse - Please do not hesitate to contact me if I may be of any additional assistance to you or Subcommittee staff on this important issue.
35. lappuse - The deterioration of the economy and technical reestimates of revenues and spending, especially for Medicare and Medicaid, are largely responsible for the increase in the projected deficit since 1990.
33. lappuse - That role is manifested in two major laws, the Balanced Budget and Emergency Deficit Control Act of 1985, popularly known as Gramm-Rudman-Hollings, and the Budget Enforcement Act of 1990, the BEA.
34. lappuse - ... to take effect. According to the targets specified in the legislation, the budget was to be balanced by fiscal year 1991. In the meanwhile, the first Gramm-Rudman-Hollings law was replaced in September 1987 by a successor, which delayed the target for budgetary balance to fiscal year 1993. Yet the deficit did not come down. Instead of enacting the changes in laws governing revenues and spending necessary to reduce the...
47. lappuse - ... requiring the President to submit his budget only every other year. In 1993, both Vice President Gore's National Performance Review and the Joint Committee on the Organization of Congress recommended that the Federal Government move to a biennial budget. Although if the timetable was followed as planned, biennial budgeting would free up the Congress to concentrate on nonbudgetary issues — such as oversight — during the nonbudgetary year, there are reasons to question whether that would actually...

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