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Y4. B85/3: L52/3
TASK FORCE ON LEGISLATIVE SAVINGS
COMMITTEE ON THE BUDGET
HOUSE OF REPRESENTATIVES
JULY 24 AND 26, 1979
Printed for the use of the Committee on the Budget
NICHOLAS A. MASTERS, Director, Majority Associate Staff SHIRLEY RUHE, Associate Director for Budget Process and Operations RICHARD KOGAN, Budget Analyst
MARTHA FOLEY, Administrator
Edwards, Hon. Don, a Representative in Congress from the State of
Glickman, Hon. Dan, a Representative in Congress from the State of
Jeffords, Hon. James M., a Representative in Congress from the State of
Questions submitted by Hon. Eldon Rudd
TUESDAY, JULY 24, 1979
HOUSE OF REPRESENTATIVES,
TASK FORCE ON LEGISLATIVE SAVINGS,
The task force met, pursuant to notice, at 9:40 a.m., in room 2203, Rayburn House Office Building, Hon. Leon E. Panetta, chairman of the task force, presiding.
Mr. PANETTA. The hearing of the Task Force on Legislative Savings is now in order. I would like to begin with an opening statement.
I might first of all thank all of you ladies and gentlemen, members of the Legislative Savings Task Force, for the opportunity to proceed with these hearings. This morning it is the first of three hearings we have scheduled this week to inquire into new ideas for legislative savings and new ways to incorporate legislative savings into the budget and the legislative processes in the House.
As you may know, this is the first year that the House Budget Committee has had a task force specifically focusing on legislative savings. In fact, it is not really a coincidence that the task force came into being this year for the first time because this year has been somewhat unique for budgeteers and because it is one which concerns the issues of a seriously deteriorating economy combined with calls for a balanced budget.
Both of these have brought to bear what is obviously a very tight budget process. In such a climate legislative savings, the elimination of mandatory spending items that are not really needed, has become very important indeed.
The First Budget Resolution for Fiscal Year 1980 contains legislative savings amounting to more than $4.2 billion in outlays and more than $2.6 billion in budget authority. Spun over a 5-year, period these savings amount to tens of billions of dollars in savings. In order to encourage committees to act on these savings, the task force has been active in a number of areas.
First, the task force's work with the administration and the Office of Management and Budget, to see that legislative saving initiatives proposed by the President are submitted to the Congress in a timely fashion, and this has been done.
Second, we have circulated on a regular basis the budget bulletin, a distinctive green fact sheet with up-to-date status reports on legislative savings. Comments from Members and staff indicate that this bulletin has been successful in making people aware of the role of legislative savings in the budget process.