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OPA-76-3 1 (1976-01-15)

handle is hein.gao/gaobaaefa0001 and id is 1 raw text is: RESTRICTD - Not to be released ou tho ftpOal Accounting O~fiet gxgej on the basls of specific approval by the Office of Congressioa elaetio.r COMPTROLLER GENERAL OF THE UNITED STATES D.C. 20548 RELEASED DINIGTN 6,.Z0d B-115398 JAN 15 1976 1 ./ f #Vhe Honorable Herman E. Talmadge, Chairman Committee on Agriculture and Forestry 0o United States Senate Dear Mr. Chairman: In accordance with your request, we are providing you with an analysis relating to your questions concerning the potential impact of the Congressional Budget and Impound- ment Control Act of 1974 on authorizing committees and GAO. The Congressional Budget and Impoundment Control Act of 1974 provides for establishment of a new congressional> budget process, a Committee on the Budget (also referred to as a Budget Committee) in each House, and a Congres- sional Budget Office (CBO). The act includes a procedure / for providing congressional control over the impoundment of funds by the executive branch and provides the Congress with improved fiscal procedures and focuses on a new con- gressional budget timetable planned around an October 1 start of the fiscal year. In addition to the roles of the new Budget Committees and the CBO, it also provides for expanded roles of both the standing committees and GAO in the areas of program review and evaluation and fiscal and budgetary information and controls. The enactment of this law was the result of a long- standing desire on the part of the Congress to increase control over the budget. Previously the Congress re- viewed each bill or budget proposal separately and con- sidered it on its own merit without a comprehensive re- view of the budget as a whole and without a systematic basis for establishing priorities. Backdoor spending presented another congressional budget control problem when spending authority other than by regular appropriations was provided through contract and borrowing authority. Title IV of the act provides for improved procedures for control over such authority. OPA-76-3

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