Thursday, October 11, 1973
Sen. Sam
Ervin Says
WASHINGTON - There it
much concern abroad in the
land over the condition of the
T JJederal budget and how we can
fled a better way to find
sufficient monies to fund
priority spending and eliminate
unnecessary programs.
The fiscal situation today
declares that hard choices must
be made. There is no longer the
prospect that there will be
“peace dividends” that will
carry us through the rest of this
decade to fund new programs
for national purposes. What this
means is that nothing on the
horizon will allow a painless
way of financing a multitude of
new spending proposals that
will confront us in the
immediate future.
All of this makes it more
imperative that Congress
reform its budget making
processes. Basic Congressional
tools to control Federal
spending have changed little
since the passage of the Budget
and Accounting Act of 1921
■pore than 50 years ago.
Expenditures have grown a
hundredfold since the 1920’5. In
the 43 years since 1931, only six
have ended up with a surplus in
/the Federal Budget. In the three
’O fiscal years 1971, 1972, 1973
'deficits have ranged between
$24 and $29-billion annually.
Nearly nine-tenths of the
work of the Congress concerns
spending and taxation. The
Employment Act of . 1946
commits the federal
government to relate its money
actions to the overall needs of
the national economy to
avoid high unemployment and
excessive inflation. The
Constitution clearly gives the
Congress the power of the
purse. What is needed is a
better procedure to deal with
spending and revenues.
Members of Congress
constantly confront demands
for higher spending and lower
taxes. In recent years, this
problem has reached crisis
proportions.
To find away out of this
dilemma, on April 11th, I
introduced the Congressional
Budgetary Procedures Act, S.
1541. This legislation recently
* was approved by the Senate
Budget Subcommittee. The bill
% now being considered by the full
Government Operations
Committee would establish a
standing Committee on the
Budget in each House. The
budget appropriations process
would begin November 15
leading to a Congressional
resolution on the, Budget by
April 15. This would pave the
way for Congressional action on
all appropriations and new
authorizing legislation by June
30th prior to the beginning of the
new fiscal year on July Ist.
Under this legislation,
Congress would decide on the
appropriate level of surplus or
deficit based on economic
conditions, based on estimated
revenues, and would direct
changes in revenues or the debt
limit. Moreover, the Congress
would, base spending totals on
an overall spending ceiling and
subceilings to which all
spending bills would be linked.
4 Appropriations and other
"upending bills would have to
r comply with budget ceilings and
allocations, subject to changing
economic conditions and
national needs. The legislation
also establishes the concept this
Congress would base spending
on priorities for allocating
spending among competing
national needs.
We are long overdue for a
meaningful budget reform. I
hope that Congress will be able
to act on this measure soon. It
will provided a needed
reformation of the
Congressional budget process,
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