Consider the following questions:
1- Budget and impoundment control act:
One of the more significant budgetary laws that congress has enacted in recent decades was the budget and impoundment control act of 1974. The authors of this law sought to bring about some fairly significant changes in both the processes of federal budgeting and in the distribution of institutional political power related to budgeting. What were the major problems that led congress to enact this law? Describe the most significant 1) procedural steps and 2) institutional power changes that the law created. In addition, give at least one example of how this law functioned in a budgetary struggle between the president and congress. Finally, evaluate the usefulness of this law by showing where it has fulfilled the goals of its authors and by describing the new problems it may have created.
2- Off budget enterprises:
Today, a substantial number of governmental enterprises, federal and state, are categorized as "off-budget" this name means their activities are not subject to periodic budgetary review by elected executives or legislatures because such enterprises can sustain themselves with self-generated revenue. this revenue, in turn, alleviates the necessity of legislative appropriations for operating or capital expenses. Discuss the nature of these enterprises. In doing so, pay particular attention to defining what off-budget enterprises are, explain the policy related factors that account for their existence, show how some of them operate in secondary financial markets, and describe the most serious long term financial threats they pose to the nation.
3- Capital budget..tell what is the general idea, the point of it, what is in it. Not real numbers just general ideas of what you would find. Argument in favor and against. General pro and con.
4- Judicial power of the purse, the role of the courts, courts have powers to do certain things gave us many examples.