Federal Budget Totals Are Understated Because of Current Budget Practices
PAD-81-22
Published: Dec 31, 1980. Publicly Released: Dec 31, 1980.
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Highlights
The government's practice is to offset certain types of revenues when computing and reporting budget outlays and revenue totals. In addition, budget totals are further underreported because of the off-budget status of certain federal activities.
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Budget administrationBudget authorityBudget outlaysFinancial disclosureOff-budget federal entitiesOff-budget federal entity receiptsUnified budgetsRevolving fundsBudgetsFederal budget