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1964 Washington Report 1 (1964)

handle is hein.tera/wingtore0013 and id is 1 raw text is: 920 Washington Building No. 1-196h Washington 5, D.C. June C. 196h ACTION TO DATE OH FISCAL 1965 Af'ROPRIATIONS -- A PRELIIMiARY HEPO.{T House Fails to ilatch Last Year's Economy Pace A preliminary analysis of the actions taken to date on fiscal 1965 appro- priation bills indicates that the House has reduced the budget requests thus far considered (totaling t,80.3 billion) by about 112.5 billion, or slightly more than three percent. This is far off last year's pace, when these same appropriations were cut 5 billion -- or better than six percent -- below budget requests. In addition) some of the House reductions will probably not result in comparable reductions in fiscal 1965 spending. The budget submitted to Congress last January included requests for new spending authority for fiscal 1965 totaling .103.8 billion, or $1.2 billion higher than the revised estnate for the current fiscal year (including <h2 billion of 1964 supplemental appropriations which the Congress was ase:d to approve this year). Of this 111O3.8 billion total of new spending authority requested for 1965, direct action by the Congress is required on ;91.2 billion; another i12.5' bil- lion of permanent appropriations and other authorizations -- primarily for interest charges -- does not require specific action by the Congress. This 1ashington Report provides a prelim-inary analysis of actions to da!'e on fiscal 1965 appropriations requests, in terms which seek to relate these actions to the new spending authority cstimiates carried in the January budget doctent. Because of technical adjustments required to translate these actions into a budget-related basis, the Tax Foundation compilations nlecessarily will differ from the totals shown in certain similar Congressional and other tabu- lations appearing from time to time. For example, the compilation includcd herein '1) excludes appropriations from postal revenues, since expenditures from such funds are not included in the budget totals, (2) excludes all amro- priations to liquidate prior contract authority, since these are not con- sidered as new spending authority, and (3) includes certain loan authorizations provided for the Rural Electrification Adiinistration which are not included in the Congressional appropriation totals. House Reductions In Ten oney Bills Passed To Date Ten of the regular fiscal 1965 appropriation bills have been passed b'r the House of Representatives, as of June 1; only two more remain to be re-,,u'ted from the House Appropriations Committee. None of the 1965 money bills have

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