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![handle is hein.gao/gaobadybr0001 and id is 1 raw text is:
DOCUKENT RESUNE
071404 - j.C2787896]
Budgqet Authority for Foreign Hilitary Sales. October 3. 1978. 6
Pp.
Testimony before the Houso Committee on Budget: National
Security and International Affairs Task Force; by Harry S.
Havens, Director, Program Analysis Div.
Contact: Program Analysis Div.
Organization Concerned: Department of Defense.
Congressional Relevance: House Committee on Budget: National
Security and Internati.&al Affairs Task Force.
Authority: Congressional Budget Act of 1974. Arms Export Ccnt'ol
Act of 1976.
Budget authority is a broad concept which should
express fully the spending authority made arailable by law.
Where feasible, budget authority should represent the maximum
potential obligations which may be incurred under new authority.
The Foreign Military Sales (FES) budget authority for a given
year is defined as the estimated fully funded cost of the goods
and services which the Government has agreed during that year to
deliver at some time and represents the total amount of
obligations the Government estimates it will incur in purchasing
and delivering the items. Prior to fiscal year 1977, budget
authority for FES was baso! on the dollar total of now
acceptauces, ard there were annual recordings in the budget of
billions of dollai of unobligated ?KS budget authority which
represented cuulative acceptances that had not yet resulted in
implempnting obligations. sitice 1977, FES budget authority for a
qiven year hs been defined as equal to the portion of old and
new acceptance which will result in implementing obligations
during the year. FES budget authority since 1977 has no* shown
the full amount of new acceptances. The change in definition of
FS budget authority was inappropriate, contrary to the usual
meaning of budget authority, and results in recordings that do
not shcw the true authority conferred on the executive branch
for obtaining the items specified in Pew acceptances. FES budget
authority should be based on the dollar total of ne
acceptances, representing the full cost of FES items which the
Government has agreed to obtain and deliver. 4RRS)](ViewImageLocal?handle=hein.gao/gaobadybr0001&div=1&collection=&method=preview&ext=.png&size=3)