First Experiments Legislative Budgeting
Crucial Tests for Legislative Budget in 1948
The legislative budget, center of one of the stubbornest of controversies at the first session of the 80th Congress, will receive a second and crucial test at the present session. Last year the Senate and House were unable to agree on an expenditure ceiling for the current fiscal year and the effort was finally abandoned. Republican leaders will give the legislative budget another try this year in connection with their projects to cut government spending and reduce taxes.1 The future of legislative budget-making may well depend upon the outcome of this second experiment.
The legislative budget is an innovation adopted by Congress as a part of the Legislative Reorganization Act of 1946. Section 138 of the ...