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1 by the Congress of the proposed plan shall be transmitted to

2 the President.

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"(e) There are hereby authorized to be appropriated to 4 the Joint Economic Committee such sums as may be neces

5 sary to enable it to carry out its functions under this section.

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"FINAL ADOPTION OF PLAN

"SEC. 211. (a) Upon receipt of a concurrent resolution 8 pursuant to section 208, the President may make such modi9 fications as he deems appropriate in any part of the plan 10 which was disapproved or which was not approved by the 11 Congress, and shall publish a copy of the plan, together with a copy of the concurrent resolution and all reports and docu13 ments accompanying such resolution, except that, if the con14 current resolution disapproved the entire proposed plan, the 15 President shall revise the plan and resubmit it to the Congress 16 not later than thirty days after the receipt of the concurrent 17 resolution. Not later than thirty days after receipt of a revised plan under the preceding sentence, the Congress shall, by concurrent resolution, approve or disapprove, in whole or in part, the revised plan.

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"(b) The President directly, or acting through the 22 Board, may not take any action under section 212, and the 23 Board may not take any action under such section, with

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1 respect to any part of the plan which has not been approved

2 or which has been disapproved by the Congress.

3 "EXECUTIVE BRANCH IMPLEMENTATION OF THE PLAN

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"SEC. 212. (a) The President, with the assistance of

5 the Board, shall take appropriate actions to insure that the 6 departments and agencies of the executive branch will carry 7 out their programs and activities in such a manner as to 8 further the objectives of the plan, and to encourage State and 9 local governments and the private sector to carry out their 10 programs and activities in such a manner as to further the 11 objectives of the plan.

12 "(b) Whenever the Board determines that any. depart13 ment or agency of the Federal Government has submitted 14 any budget request to the President or the Congress, or pro15 posed any legislation, rule, or regulation, or undertaken any 16 other activity which may have a significant effect on the 17 achievement of the goals and objectives contained in an 18 approved balanced economic growth plan, the Board may 19 require the head of such department or agency to submit a 20 detailed statement to the Board assessing the consistency of 21 the proposed budget, legislation, rule, regulation, or other 22 action, with the plan, together with the reasons for any 23 significant departure from such goals and objectives.

69-838 0-76-5

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"DIVISION OF BALANCED GROWTH AND ECONOMIC

PLANNING

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"SEC. 213. (a) There is established within the Congres

4 sional Budget Office a Division of Balanced Growth and 5 Economic Planning (hereinafter referred to as the 'Divi6 sion') to perform long-term economic analysis. The Division 7 shall be headed by a Deputy Director who shall perform his 8 duties under the supervision of the Director of the Congres9 sional Budget Office and shall perform such other duties as 10 may be assigned to him by the Director. Such Deputy Direc11 tor shall be appointed in the same manner, serve for the same 12 period, and receive the same compensation as the Deputy 13 Director provided for in section 201 of the Congressional 14 Budget Act of 1974.

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"(b) It shall be the responsibility of the Division to 16 assist the Joint Economic Committee in the discharge of

17 its duties under this Act and to provide

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"(1) information with respect to long-term eco19 nomic trends, national goals, resource availability, and

[blocks in formation]

the economic policies necessary to achieve balanced

long-term economic growth,

"(2) information necessary for the preparation of

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the report and concurrent resolution identified in section 210 (d), and

"(3) such related information as the committee

may request.

"(c) At the request of any other committee of the

6 House of Representatives or the Senate, or any joint com

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mittee of Congress, the Division shall provide to such com

8 mittee or joint committee the information necessary to fulfill

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their responsibilities under section 208 (a).

"AUTHORIZATION

"SEC. 214. There are authorized to be appropriated

12 such sums as may be necessary to carry out the provisions 13 of this title.".

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RELATION TO THE COUNCIL OF ECONOMIC ADVISERS

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SEC. 2. It shall be the duty of the Council of Economic 16 Advisers to make an analysis of the relationship between the 17 economic report and the plan. The analysis of the Council 18 shall be included in the economic report transmitted to 19. Congress.

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ECONOMIC INFORMATION

SEC. 3. At the time of the presentation of the first bal22 aneed economic growth plan to Congress, the Division of 23 Economic Information of the Economic Planning Board, at 24 the direction of and with the approval of the Board, shall

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1 transmit to the Congress a report on economic data, statistics,

2 and information, which shall contain the following:

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(1) A review, carried out in conjunction with other departments and agencies of the Federal Government, of the activities, methods, and purposes of the information and statistical gathering, collation, analysis, and presentation functions of the Federal Government.

(2) An analysis of the existing information and statistical systems, and the economic data required under section 204 of this Act.

(3) Recommendations for the improvement or modification in the standards, methods, and systems of statistics and information gathering.

(4) Recommendations for such additional authority as may be necessary to obtain data not available under section 204 of this Act.

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