15 ilable, and (2) the activity, program, or project can I will continue to be fully carried out without the amount reserved. (c) For purposes of this section, the term "obligational hority" includes loan authority. EXERCISE OF RULEMAKING POWERS SEC. 10. The provisions of this section and sections a)–(d), 5, 6(a), (d), 7, and 8 are enacted by the ngress (1) as an exercise of the rulemaking powers of the Senate and the House of Representatives, respectively, or of that House to which they specifically apply; and such rules shall supersede other rules only to the extent that they are inconsistent therewith; and (2) with full recognition of the constitutional right of either House to change such rules (so far as relating to the procedure in such House) at any time, in the same manner and to the same extent as in the case of any other rule of such House, except that such House may change the provisions of such sections with respect to that House only by a vote of two-thirds of the Members of that House present and voting. 93D CONGRESS 1ST SESSION S. 1030 IN THE SENATE OF THE UNITED STATES FEBRUARY 27, 1973 Mr. HUMPHREY introduced the following bill; which was read twice and referred to the Committee on Government Operations A BILL To establish a Congressional Office of Budget Analysis and Program Evaluation; to provide participation by State and local officials and the general public in the departmental budgetmaking process; to provide investigations by the Comptroller General of impoundment reports; to provide legislative oversight and veto of impoundments; and for other purposes. 1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 3 That this Act may be cited as the "Fiscal and Budgetary 4 Reform Act of 1973". 2 ITLE I-CONGRESSIONAL OFFICE OF BUDGET ANALYSIS AND PROGRAM EVALUATION RT A-ESTABLISHMENT OF OFFICE AND ESTABLISHMENT OF BUDGET CEILING SEC. 101. (a) There is hereby established for the Conss an Office of Budget Analysis and Program Evaluation ereafter in this title referred to as the "Office") which shall subject to supervision and control by the Joint Economic mmittee (hereafter in this title referred to as the "Joint mmittee"). The Office shall have four sections as follows: ) Informational Section, (2) Analytic Section, (3) Prom Evaluation Section, and (4) Special Studies Section. (b) The Joint Committee is authorized to appoint a chnical Director of the Office who shall serve as the head the staff of the Office, subject to the general supervision the Executive Director, in accordance with the purposes the Employment Act of 1946. The Technical Director 11 supervise the staff of the Office and shall perform such ies as the Joint Committee or the Executive Director may scribe. The Technical Director shall be appointed without ard to political affiliation and solely on the basis of his ess to perform his duties. He shall receive compensation may be prescribed from time to time by the Joint Comtee, but not in excess of the highest rate of basic pay, as effect from time to time, of grade 18 of the General 3 5 1 Schedule of section 5332 (a) of title 5, United States Code. 2 (c) The Technical Director is authorized, with the ap3 proval of the Joint Committee and the Executive Director, 4 to appoint such other personnel as may be necessary to carry out the duties and functions of the Office and to fix their 6 compensation at rates not in excess of the highest rate of 7 basic pay, as in effect from time to time, of grade 16 of the 8 General Schedule of section 5332 (a) of title 5, United 9 States Code. All such personnel shall be appointed without 10 regard to political affiliation and solely on the basis of their 11 fitness to perform their duties. 12 SEC. 102. (a) Prior to the submission of the Budget of 13 the United States Government for each fiscal year, the Joint 14 Committee staff, including the Office, shall make a thorough 15 study of the Nation's economic conditions, and the factors 16 having a bearing thereon, including business investment, con17 sumer spending, international trade, the availability of credit, 18 and the state of Federal expenditures and revenues. Based upon such study, and developing conclusions about the pru20 dent growth of Federal budget outlays, obligations and rev21 enues, taking into consideration the objectives of the Em22 ployment Act of 1946, the Executive Director of the Joint 23 Committee shall, two days prior to receipt of the United 24 States budget and the President's Economic Report, make a 25 report to the Joint Committee with 19 4 (1) an estimate of the revenues that will be received by the Federal Government during the forthcom ing fiscal year; (2) a recommendation of the amount, if any, by which Federal outlays should exceed revenues, or revenues should exceed outlays, in order to promote the general welfare and to provide maximum employment, production, and purchasing power. (b) Upon receipt of the report submitted under subsecn (a), and receipt of the Budget of the United States overnment, the Joint Committee will within ten days hold arings to determine the appropriate Federal fiscal policy expressed in section (a) (2), and then shall make a comttee report of this determination to all committees of the enate and House of Representatives and all joint commites of the Congress. Such report shall include, but not be mited to (1) a proposed limit on the total amount of new obligational authority, and a proposed limit on the amount of new obligational authority (for each functional category), which should be enacted for the fiscal year, (2) a proposed limit on the total amount of outlays, and a proposed limit on the amount of outlays for each functional category, which should be made during the fiscal year. |