BUDGET PROCESS. Extending Budget Controls

Abstract

It is a pleasure to join you today as you think about how to extend and adapt the Budget Enforcement Act (BEA) regime. The discretionary spending limits and pay-as-you-go (PAYGO) mechanism established by BEA will expire this year. Last summer when I appeared before this Committee, we were discussing what kind of process and controls made sense in a time of surplus. Today for a variety of reasons we face a different outlook. The events of September 11 impose a new set of demands on the federal budget. At the same time, the pent-up demands kept in abeyance during years of fighting deficits remain. The question before you is what kind of process and controls will permit Congress and the president to respond to the needs of today while keeping in mind the need to deal with the budgetary challenges looming over the horizon.

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Document Details

Document Type
Technical Report
Publication Date
Apr 25, 2002
Accession Number
ADA401439

Entities

Organizations

  • United States Government Accountability Office

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Communities of Interest

  • Biomedical
  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Accounting
  • Acquisition
  • Budgets
  • Congress
  • Department Of Defense
  • Department Of Homeland Security
  • Discretionary Spending
  • Federal Budgets
  • Governments
  • Health Care
  • Law
  • National Governments
  • Recognition
  • Security
  • Social Security
  • United States
  • United States Government

Readers

  • Economics
  • Military History of the United States in the 20th Century.
  • Public Financial Management and Budgeting