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Budget issues Budget Enforcement Compliance Report

Although reducing the federal deficit and making wise decisions on investments that will foster economic growth are the most important contributions that the federal government can make to a healthy and growing economy, the current budget structure, with its focus on short-term goals, does not meet these needs. If long-term economic growth is to be increased, the budget needs to focus on long-term decision-making. A federal investment budget component could help Congress and the President make better informed decisions on federal spending on consumption versus investments for the future. GAO, recognizing the importance of the deficit to long-term growth, urges that such a component be established within the context of a unified budget framework striving to cut the deficit over an appropriate period. Setting investment targets in the congressional budget resolution could be a useful and feasible way to implement this concept. GAO summarized this report in testimony before Congress; see: Budget Policy: Investment Budgeting for the Federal Government, by Paul L. Posner, Director of Budget Issues, before the Subcommittee on Legislation and National Security, House Committee on Government Operations. GAO/T-AIMD-94-54, Nov. 9, 1993 (22 pages).

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  • "Budget Enforcement Compliance Report"@en
  • "Incorporating an investment component in the federal budget"@en
  • "Budget enforcement compliance report"@en
  • "Budget enforcement compliance report"

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  • "Although reducing the federal deficit and making wise decisions on investments that will foster economic growth are the most important contributions that the federal government can make to a healthy and growing economy, the current budget structure, with its focus on short-term goals, does not meet these needs. If long-term economic growth is to be increased, the budget needs to focus on long-term decision-making. A federal investment budget component could help Congress and the President make better informed decisions on federal spending on consumption versus investments for the future. GAO, recognizing the importance of the deficit to long-term growth, urges that such a component be established within the context of a unified budget framework striving to cut the deficit over an appropriate period. Setting investment targets in the congressional budget resolution could be a useful and feasible way to implement this concept. GAO summarized this report in testimony before Congress; see: Budget Policy: Investment Budgeting for the Federal Government, by Paul L. Posner, Director of Budget Issues, before the Subcommittee on Legislation and National Security, House Committee on Government Operations. GAO/T-AIMD-94-54, Nov. 9, 1993 (22 pages)."@en
  • "This report assesses compliance by the Office of Management and Budget (OMB) and the Congressional Budget Office (CBO) with the requirements of the Balanced Budget and Emergency Deficit Control Act of 1985, more commonly known as Gramm-Rudman-Hollings. GAO reviewed OMB and CBO reports issued under the act to determine if they complied with all of the act's requirements. This report determines if the reports reflected all of the technical requirements specified by Gramm-Rudman-Hollings, such as (1) estimates of the discretionary spending limits, (2) explanations of any adjustments to the limits, (3) estimates of the amount of net deficit increase or decrease, and (4) the sequestration percentages necessary to achieve the required reduction in the event of a sequester."
  • "This report assesses compliance by the Office of Management and Budget (OMB) and the Congressional Budget Office (CBO) with the requirements of the Balanced Budget and Emergency Deficit Control Act of 1995. GAO's assessment covers OMB and CBO reports issued for legislation enacted during the 2nd session of the 105th Congress, which ended on October 21, 1998."@en

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  • "Rules"
  • "Publications officielles"

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  • "Budget issues : budget enforcement compliance report : report to the chairman, Committee on the Budget, House of Representatives"
  • "Budget issues : budget enforcement compliance report"
  • "Budget issues Budget Enforcement Compliance Report"@en
  • "Budget issues incorporating an investment component in the federal budget : report to the Chairman, Committee on Government Operations, House of Representatives"@en
  • "Budget issues : budget enforcement compliance report ; report to the chairman, Committee on the Budget, House of Representatives"
  • "Budget issues : budget enforcement compliance report : report to the Chairman, Committee on the Budget, House of Representatives"@en
  • "Budget issues : incorporating an investment component in the federal budget : report to the Chairman, Committee on Government Operations, House of Representatives"@en
  • "Budget issues : incorporating an investment component in the Federal Budget : report to the Chairman, Committee on Government Operations House of Representatives"
  • "Budget issues budget enforcement compliance report : report to the Chairman, Committee on the Budget, House of Representatives"@en
  • "Budget issues budget enforcement compliance report"

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