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Budget Process: History and Future Directions

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Report Type Reports and Testimonies
Report Date July 13, 1995
Report No. T-AIMD-95-214
Subject
Summary:

Nearly everyone involved in the government's budget process shares some frustration with it. The public finds it confusing. Government agencies find it burdensome and time-consuming. Members of Congress say it seems too lengthy with its many votes on authorizations, the debt resolution, reconciliation, appropriations, and the debt limit. And, too often, the results are not what was expected or hoped for. This testimony examines some of the border questions and issues involved in the budget process. GAO discusses the objectives of the Congressional Budget and Impoundment Control Act of 1974, which of these objectives are relevant in today's fiscal environment, and whether the budget process should be redesigned.

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