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The Evolution of Federal Spending Controls: A Brief Overview
Authors:Edward Davis
Institution:Principal analyst with the Congressional Budget Office specializing in the federal budget process. Congressional Budget Office, U.S. Congress, Washington, D.C. 20515.
Abstract:This article reviews spending controls in the federal government over the past two decades. During this period, federal spending has grown significantly, despite budgetary controls. The article discusses various Impoundment Control acts throughout this time period with a focus on the Gramm-Rudman-Hollings Act of 1985 and the budget reforms of the 1990s. The article also gives an overview of whether current spending and deficit control procedures are inadequate and, if so, what stronger measures may be adopted.
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