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Pros and Cons of a Separate Capital Budget for the Federal Government

PAD-83-1 Published: Sep 22, 1983. Publicly Released: Sep 22, 1983.
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Highlights

Pursuant to a congressional request, GAO examined: (1) the advantages and disadvantages of the use of a unified capital budget by the Federal Government; and (2) the information needed to formulate national policy for investing in capital assets.

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Budget administrationBudgetingFiscal policiesInvestmentsPolicy evaluationUnified budgetsExpenditure of fundsLocal governmentsPublic worksDepreciation