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094623 1 (1975-05-13)

handle is hein.gao/gaobadxox0001 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. Tuesday, May 13, 1975 STATEMENT OF PAUL G. DEMBLING, GENERAL COUNSEL UNITED STATES GENERAL ACCOUNTING OFFICE BEFORE THE LEGISLATION AND NATIONAL SECURITY SUBCOMMITTEE OF THE COMMITTEE ON GOVERNMENT OPERATIONS HOUSE OF REPRESENTATIVES Mr. Chairman and Members of the Subcommittee: I am pleased to appear before you today to present the views of the General Accounting Office on legislation to authorize appropria- tions for the fiscal year transition period of July 1 through September 30, 1976. Title V of the Congressional Budget and Impoundment Control Act of 1974 (or the Congressional Budget Act of 1974)* changed the Federal fiscal year from the July I - June 30 cycle to an October 1 - September 30 cycle. This change is a central feature in the reforms concerning the budgetary process which were accomplished by other titles of the Congressional Budget Act. The three additional months afforded for completion of the appropriations process following sub- mission of the President's budget should more adequately complement * Approved July 12, 1974, Pub. L. No. 93-344, 88 Stat. 297, 321. n C -)

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