Home
Solutions
Products
Pricing
Resources
Request Demo
Start Free
Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo
StateStorm

Weekly Updates

LegiStorm is constantly adding new information on the people, places and reports in our database. In the past week, LegiStorm added:

  • 376 new people
  • 171 new organizations
  • 408 new photos
  • 1234 job history records for people in our database
  • 653 education records for people in our database
  • 1467 contact addresses, emails and URLs (LinkedIn, Facebook, etc.)
  • 3 new people through the revolving door
  • 109 new policy reports
  • 43 new trips to our privately funded travel database
  • 629 new personal financial disclosures
  • 15148 new press releases
  • 11 new town halls
  • 25 new hearings

Caught Our Eye Rss

» More from Caught Our Eye
» More from our DevBlog

Line Item Veto: Estimating Potential Savings

  Premium   Download PDF Now (26 pages)
Report Type Reports and Testimonies
Report Date Jan. 22, 1992
Report No. AFMD-92-7
Subject
Summary:

If presidential line item veto/line item reduction authority had been applied to all items to which the President objected during fiscal years 1984 through 1989, spending could have been cut by about $70 billion. This would have reduced federal deficits and borrowing by 6.7 percent, from $1,059 billion to $989 billion. These estimates, however, are fraught with uncertainties, and other administration documents suggest that they may overstate savings. GAO found that more than 70 percent of the line item veto savings in fiscal years 1984 through 1989 would have occurred in five areas that account for 20 percent of discretionary spending: (1) transportation; (2) commerce and housing credit; (3) education, training, employment, and social services; (4) income security; and (5) natural resources and the environment. Conversely, only two percent of the possible savings would have come in four areas that account for 70 percent of discretionary spending: (1) science, space, and technology; (2) national defense; (3) international affairs; and (4) veterans benefits and services.

« Return to search Government Accountability Office reports

HomeAbout Us Contact UsPrivacy PolicyTerms of UseJoin Us
© LegiStorm
LegiStorm
2101 L St. NW, Suite 300
Washington, DC 20037
(202) 360-4172 / congress@legistorm.com