Deficit reduction (51 - 59 of 59 items)
Federal Government Credit Activities and How They Relate to Loan Sales
T-AFMD-88-2: Published: Nov 10, 1987. Publicly Released: Nov 10, 1987.
GAO discussed the federal government's plan to privatize its credit programs through the sale of its loan assets to generate budgetary receipts. GAO found that: (1) the proposed sale would not reduce the budget deficit, because it would simply shift revenues from future years to the year of sale; (2) the federal government would benefit more from future loan repayments than from the estimated proc...
Fiscal Year 1988 Budget Estimates for the General Accounting Office
T-OCG-87-3: Published: Mar 5, 1987. Publicly Released: Mar 5, 1987.
GAO testified on its fiscal year (FY) 1988 budget request and highlighted its work on special issues during 1986. GAO requested $379.5 million to fund 5,200 average positions, which was $67.1 million greater than its FY 1987 request. Forty-seven percent of this increase represented mandatory pay and related costs associated with existing service levels and increases in personnel to achieve require...
[The Budget Crisis: Finding a Workable Solution]
132229: Feb 17, 1987
GAO discussed the federal government's huge budget deficit and the need to revamp the entire budget process to bring the deficit under control. GAO noted that: (1) since 1983, the deficit has hovered around $200 billion and in 1986, it rose to $221 billion; (2) in the early 1970's, new program benefits, rapid inflation, and increasing payroll taxes combined with increased defense spending to creat...
Implementing FY 1986 Reductions: Balanced Budget and Emergency Deficit Control Act of 1985
OCG-86-3: Published: Jun 30, 1986. Publicly Released: Jun 30, 1986.
In response to a congressional request, GAO reviewed several agencies' implementation of program changes required under the Balanced Budget and Emergency Deficit Control Act, specifically: (1) the application of exemptions and special rules set forth in sections 255 and 256; (2) the pattern of reductions in certain grant programs to states; and (3) how agencies achieved reductions in those entitle...
Budget Estimates for Fiscal Year 1987
130220: Jun 26, 1986
GAO testified on its budget request for fiscal year (FY) 1987, specifically regarding proposed reductions under the Balanced Budget and Emergency Deficit Control Act of 1985. GAO noted that the proposed reductions under the act could adversely affect its work of improving the effectiveness of government programs, resulting in less savings. GAO also noted that its request for $349.6 million: (1) co...
The Administration's Fiscal Year 1987 Budget Request for the Internal Revenue Service
129845: May 12, 1986
GAO discussed the administration's fiscal year (FY) 1987 budget and FY 1986 supplemental appropriation requests for the Internal Revenue Service (IRS). GAO found that: (1) the 1986 supplemental budget request calls for increasing IRS staffing by 6,950 average positions and IRS funding by $340 million, of which about $157 million would offset reductions required by the Balanced Budget and Emergency...
Compliance Report For FY 1986: Balanced Budget and Emergency Deficit Control Act of 1985
OCG-86-2: Published: Mar 31, 1986. Publicly Released: Mar 31, 1986.
GAO reviewed whether the President's order making reductions for fiscal year (FY) 1986 complied with all the legal requirements contained in section 252 of the Balanced Budget and Emergency Deficit Control Act of 1985.GAO found that: (1) the President's ordered reductions for FY 1986 complied with the requirements of the act at the account level; (2) the sequestrable base and the amounts sequestra...
Budget Issues: Governmentwide Analysis of the Growth in Unexpended Balances
AFMD-86-24BR: Published: Jan 17, 1986. Publicly Released: Jan 17, 1986.
In response to a congressional request, GAO updated its 1978 analysis of unexpended balances in civil and defense departments and agencies and prepared a briefing report to summarize its results.GAO found that, since the 1978 studies, unexpended balances: (1) have increased 54 percent; (2) are rapidly approaching $1 trillion; (3) are shifting in distribution from civil agencies to defense agencies...
[Comments on Analysis of Balanced Budget and Emergency Deficit Control Act]
B-221498: Published: Dec 26, 1985. Publicly Released: Dec 26, 1985.
In response to a congressional request, GAO provided an analysis of the impact of the Balanced Budget and Emergency Deficit Control Act of 1985 on the science agencies whose programs are authorized by the House Committee on Science and Technology. A report will be issued on January 21, 1986, which will describe the specific amount of the outlay reduction for each appropriation account which the ac...