Budget Issues: Compliance Report Required by the Budget Enforcement Act of 1990

Abstract

The Budget Enforcement Act (BEA) of 1990 changed the budget process by establishing three major points of control - dollar limits on discretionary spending, a pay-as-you-go (PAYGO) requirement for direct spending and receipts legislation, and adjustable maximum deficit targets for fiscal years 1991 through 1995. The act requires 0MB and CBO to issue Preview, Update, and Final Sequestration reports at various times during the year. Each report is to include a discretionary sequestration report an a PAYGO sequestration report. Reports in years; previous to this were required to specify the amount of the adjusted maximum deficit for the coming fiscal year. That requirements is no longer in effect because the Omnibus Budget Reconciliation Act of 1993 (OBRA 93) extended the discretionary and PAYGO provisions through fiscal year 1998 but did not extend the sequestration provisions for enforcing the deficit targets beyond fiscal year 1995.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Feb 01, 1996
Accession Number
ADA344781

Entities

People

  • Susan Irving

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Biomedical

DTIC Thesaurus Topics

  • Congress
  • Department Of Defense
  • Department Of Homeland Security
  • Disasters
  • Discretionary Spending
  • District Of Columbia
  • Emergencies
  • Emergency Response
  • Federal Budgets
  • Governments
  • Health Care
  • House Of Representatives
  • Law
  • Law Enforcement
  • Money
  • Public Administration
  • United States

Readers

  • Government and Public Administration Law.
  • Public Financial Management and Budgeting