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PAD-81-36 1 (1981-03-03)

handle is hein.gao/gaobabbqo0001 and id is 1 raw text is: 


BY THE COMPTROLLER GENERAL


Report To The Congress

OF THE UNITED STATES


Federal Budget Concepts And Procedures

Can Be Further Strengthened


Several recent developments have placed strains
on the capacity of existing Federal budget con-
cepts and procedures to serve the budget infor-
mation and control needs of the Congress, the
executive branch, and the public. These include
off-budget practices, the growth in the rela-
tively uncontrollable portion of the budget, and
the increasing importance of new or indirect
kinds of Federal activities with economic con-
sequences--notably direct and guaranteed loans,
special tax preferences, and regulations. Also, the
budget process has been encumbered with com-
plicated procedures, paperwork, and measure-
ments.

GAO makes recommendations to the Congress
for bringing about needed improvements in
budget coverage, controllability, and accounta-
bility, as well as streamlining the budget process.
Several recommendations are aimed at improving
the reliability, consistency, and comparability of
budget figures.

GAO also suggests the next steps for addressing
these matters, including establishing a high level
budget study group or commission.


114653


    PAD-81-36
MARCH 3, 1981


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