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123590 1 (1984-03-08)

handle is hein.gao/gaobactgk0001 and id is 1 raw text is: 





             UNITED STATES GENERAL ACCOUNTING OFFICE

                     WASHINGTON, D.C.  20548


                                         FOR RELEASE ON DELIVERY
                                         EXPECTED AT 10:00 a.m.
                                         MARCH 8, 1984


                           TESTIMONY OF

                         HARRY S. HAVENS

                  ASSISTANT COMPTROLLER GENERAL            123590

                       OF THE UNITED STATES

                            BEFORE THE

        SUBCOMMITTEE ON LEGISLATION AND NATIONAL SECURITY

                COMMITTEE ON GOVERNMENT OPERATIONS

                     HOUSE OF REPRESENTATIVES

                                ON

                            H.R. 1244

        THE FEDERAL CAPITAL INVESTMENT BUDGET ACT OF 1983



Mr. Chairman and Members of the Subcommittee:

     I am very pleased to appear before you today to discss

planning and budgeting for capital investments.  The Federal

Capital Investment Budget Act of 1983, H.R. 1244, is designed to

provide better information on public capital investments, ident-

ify deficiencies in public investments, allocate funds based on

priorities, reduce duplication of effort among various le els of

government, and improve legislative oversight over the public

infrastructure and new capital investments.  We support t ese

objectives.


A

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