[Comments on S. 1979]
B-221498.15: Published: Mar 3, 1986. Publicly Released: Apr 2, 1986.
- Full Report:
Pursuant to a congressional request, GAO provided comments on S. 1979, which would remove the receipts and disbursements of the Airport and Airway Trust Fund from presidential and congressional budget totals. GAO noted that: (1) such trust funds should be included in budget totals in order to improve federal financial management and information disclosure; (2) the bill appeared to be designed to exempt the Fund from the provisions of the Balanced Budget and Emergency Deficit Control Act; and (3) it believes that any decision to amend the list of exemptions to the act should be made solely by Congress.