Capital Budgeting: Hearing Before the Subcommittee on Economic Development of the Committee on Public Works and Transportation, House of Representatives, One Hundredth Congress, First Session, December 8, 9, 1987

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Page 172 - THE AMERICAN INSTITUTE OF PLANNERS, ESTABLISHED IN 1917, AND THE AMERICAN SOCIETY OF PLANNING OFFICIALS, FOUNDED IN 1934, CONSOLIDATED. THE ASSOCIATION'S PRIMARY OBJECTIVE IS TO ADVANCE THE ART AND SCIENCE OF PLANNING FOR THE IMPROVED DEVELOPMENT OF THE NATION AND ITS COMMUNITIES, STATES AND REGIONS.
Page 24 - NOTICE This statement is not available for public release until it is delivered at 10:00 am (EOT), Thursday, May 13, 1993.
Page 109 - Procedures (GUFGAP) by Michael J. Boskin Professor of Economics Stanford University and Research Associate National Bureau of Economic Research, Inc.
Page 8 - Hammerschmidt, ranking minority member of the Committee on Public Works and Transportation; and the Honorable Helen Delich Bentley be inserted into the record at this point.
Page 157 - So we are very pleased to nave with us Mr. Daniel J. Shannon, the president of the Chicago Park District. Mr. Shannon. STATEMENT OF DANIEL J. SHANNON, PRESIDENT, CHICAGO PAEK DISTRICT, CHICAGO, ILL. Mr. SHANNON. Thank you, Mr. Chairman and Congressmen. First of all, I would like to thank you very much for allowing me to appear before your committee. This bill is most important to all of the citizens of the city of Chicago as well as to all of the citizens of the United States and the world. Briefly,...
Page 165 - Committee's leadership and foresight in bringing together the panels and look forward to working with you in any way that I can to further this important work.
Page 97 - ... budget. Direct federal spending on capital projects— such as roads and bridges, hospitals and housing, and military bases — and federal grants to state and local governments represent distinct forms of federal capital investment that may require different approaches. However, both can...
Page 147 - The CFO— •HR 3142 IH 12 1 (1) shall appoint and hire such officers and em2 ployees as may be necessary to perform the duties of 3 the CFO, subject to the provisions of title 5, United 4 States Code, governing appointments in the competi5 tive service, and shall be paid in accordance with the 6 provisions of chapter 51 and subchapter IQ of chapter 7 53 of such title relating to classification and General 8 Schedule pay rates; and 9 (2) may procure temporary and intermittent serv10 ices under section...
Page 38 - Under the current unified budget, a dollar spent is a dollar spent. The current budget treats outlays for capital and operating activities the same, even though they are different in a key respect — capital outlays do not reduce the resource base of the government the way current outlays do because they represent asset exchanges. When an outlay is made to acguire an asset, whether it is a building or a loan note, it produces a future stream of benefits to the government.

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