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Congressional Budget Impoundment and Control Act. By: Victoria Perez. Background Information. This bill was introduced as a response to decades of budget conflicts between presidents and the legislative branch.
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Congressional Budget Impoundment and Control Act By: Victoria Perez
Background Information This bill was introduced as a response to decades of budget conflicts between presidents and the legislative branch. It was intended to reorganize budgetary procedures and place limits on presidents who refused to spend funds for the purposes set forth in appropriations bills. Through the Congressional Budget Act, Congress hoped to correct problems such as late appropriations, budget deficits, and inadequate control over entitlement programs like Social Security and Medicaid. The Congressional Budget Act
Background Information The Impoundment Control Act specifies that the president can propose to Congress that funds be rescinded. If both the Senate and the House do not approve a rescission within 45 days of its proposal, any funds being withheld must be made available. Congress is not required to vote on these proposals and has ignored most presidential requests. The Impoundment Control Act
Legislative Process • Introduced in the House as H.R. 7130 on April 18, 1973 by Al Ullman (D-OR). • Committee consideration by: Rules Committee • Passed the House on December 5, 1973 (386–23) • Passed the Senate on March 22, 1974 (80–0) • Reported by the joint conference committee on June 11, 1974; agreed to by the House on June 18, 1974 (401–6) and by the Senate on June 21, 1974 (75–0) • Signed into law by President Richard Nixon on July 12, 1974
Who It Affects This legislation affects Congress through the Congressional Budget Office (CBO) which was a result of the Congressional Budget and Impoundment Control Act. The CBO adopts an existing resolution on the budget that sets forth total levels of spending and revenues, and broad spending priorities, for several fiscal years. As an existing resolution, it is approved by the House and Senate but does not become law. No funds are spent or revenues raised under the budget resolution. Instead, it serves as an enforceable blueprint for Congressional action on spending and revenue legislation. How It Affects them
Other Facts • It established the House and Senate Budget Committees. • It created the Congressional Budget Office to provide budgetary information to Congress independent of the executive branch.
Bibliography • "Congressional Budget Office - CBO's Role in the Budget Process." Congressional Budget Office - Home Page. Web. 11 Jan. 2012. <http://www.cbo.gov/aboutcbo/budgetprocess.cfm>. • "Congressional Budget and Impoundment Control Act (1974) - ENotes.com." ENotes - Literature Study Guides, Lesson Plans, and More. Web. 11 Jan. 2012. <http://www.enotes.com/congressional-budget-impoundment-control-act-1974-reference/congressional-budget-impoundment-control-act-1974>.