Budget Issues:

Capital Budgeting for the Federal Government

AFMD-88-44: Published: Jul 1, 1988. Publicly Released: Jul 1, 1988.

Additional Materials:


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This exposure draft sets forth a conceptual framework for restructuring the current unified budget to include an operating and a capital component within the budget. The restructured budget would identify the revenues, investments, and capital financing needs for capital investments and would clearly distinguish them from current operating amounts and deficits. GAO also proposes that Congress amend the Balanced Budget and Emergency Deficit Control Act of 1985 to establish separate targets for capital financing, the operating deficit, and total financing requirements from the public.

Dec 15, 2020

Oct 7, 2020

Sep 23, 2020

Jan 23, 2020

Dec 19, 2019

  • budget icon, source: GAO

    State and Local Governments' Fiscal Outlook:

    2019 Update
    GAO-20-269SP: Published: Dec 19, 2019. Publicly Released: Dec 19, 2019.

Nov 14, 2019

Oct 16, 2019

Jun 26, 2019

Apr 10, 2019

Mar 27, 2019

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