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B-211398 1 (1984-07-24)

handle is hein.gao/gaobabkmh0001 and id is 1 raw text is: COMPTROLLER GENERAL OF THE UNITED STATES WASHINGTON CC 20!S B-211398 July 24, 1984 The Honorable Jack Brooks IIIII llIIIII/III/I/II/I/IIIii Chairman, Committee on Government 124801 Operations House of Representatives Dear Mr. Chairman: This responds to your request for comments on H.R. 2025, a bill to amend the Congressional Budget and Impoundment Control Act of 1974 to improve the congressional budget process, and for other purposes. The bill requires major changes to the budget process and encompasses a wide variety of key issues, including the concurrent resolution process, the reconciliation process, a comprehensive appropriation bill, an automatic continuing resolu- tion, a federal credit control system, off-budget agencies, a capital investment budget, dedicated revenue incentives, and the impoundment control process. The proposed changes would improve the effectiveness of the congressional budget process and we support their objectives. Because of the number and diversity of the changes proposed by H.R. 2025, our comments are covered in the enclosure to this letter. Our comments are summarized below. We endorse the provisions of Title I, with some modifica- tion, that provide for formalizing the current budget practices pertaining to concurrent resolutions and the reconciliation process. We have some concerns about the provisions which call for the establishment of a comprehensive approprLation bill and an automatic continuing resolution. We support the objectives of Title II of the bill to create a formal credit control system. Such a system should improve the understandability and visibility of federal credit activities and permit statutory control over credit activities similar to that afforded to direct spending programs. We also support the objective of Title III to bring all off- budget transactions into the unified budget. This would increase visibility of the government's spending plan and make the budget more accurately portray the government's activities. Also, it would subject current off-budget activities to the discipline of the budget process and competition with other budget programs.

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