...national economy. The growth of these programs has contributed to the significant increase in government absorption of available credit. This in turn has made...establish responsible levels of federal credit activity. Binding limits should be established in the budget resolutions for all federal credit activities. These...

...investment and job creation. First, Congress, the Office of Management and Budget [OMB], the Congressoinal Budget Office [CBO], and the General Accounting Office [GAO] should agree on definitions for all credit terminology. Currently, major differences exist in the interpretation of...

...national economy. The growth of these programs has contributed to the significant increase in government absorption of available credit. This in turn has made...the reliable data necessary to assess and establish reponsible levels of federal credit activity. 2. Binding limits should be established in the budget...

...Association of Manufacturers' Fiscal and Monetary Policy Committee therefore recommends the following: 99 1. Congress, the Office of Management and Budget (OMB),...the reliable data necessary to assess and establish reponsible levels of federal credit activity. 2. Binding limits should be established in the budget...

...the outset that the need for credit budgeting reform is a matter on which the Budget Committees, the Office of Management and Budget (OMB), the Congressional...Office (CBO) , and the General Accounting Office (GAO) are in substantial agreement. The issues have been debated and analyzed for many years. Rarely will...

...deficit in the Nation's history—over $290 billion in fiscal year (FY) 1992. By the projections of the Office of Management and Budget (OMB), the Congressional Budget Office (CBO), and every other authority, the deficit would only get bigger. Furthermore, under both of these projections,...

...(D., Wash.), in keeping, he said, with the spirit of the original trigger mechanism, proposed that OMB, the Congressional Budget Office (CBO), and the General Accounting Office (GAO) forecast the coming year's deficit and then Congress would pass a law sequestering the amount necessary...

...rapid succession. The risk-based capital level would be established by HUD after consulting with the Office of Management and Budget (OMB), the Congressional Budget Office (CBO) and the Comptroller General of the US Every three years, the economic assumptions would be reviewed and modified...

...Committee notes that there can be significant differences in the scoring of budget proposals among the Office of Management and Budget (OMB), the Congressional Budget Office (CBO), and the Joint Committee on Taxation (JCT), all of which score congressional legislation. It is critical that...

...Congress in concurrent budget resolutions. Scorekeeping Rules Guidelines established for use by the Office of Management and Budget (OMB), the Congressional Budget Office (CBO), and the Committees on Budget and Appropriations in the House of Representatives and the Senate in measuring...