Congressional Budget Impoundment and Control Act. By: Victoria Perez. Background Information. This bill was introduced as a response to decades of budget conflicts between presidents and the legislative branch.
By: Victoria Perez
This bill was introduced as a response to decades of budget conflicts between presidents and the legislative branch.
It was intended to reorganize budgetary procedures and place limits on presidents who refused to spend funds for the purposes set forth in appropriations bills.
Through the Congressional Budget Act, Congress hoped to correct problems such as late appropriations, budget deficits, and inadequate control over entitlement programs like Social Security and Medicaid.
The Congressional Budget Act
The Impoundment Control Act specifies that the president can propose to Congress that funds be rescinded.
If both the Senate and the House do not approve a rescission within 45 days of its proposal, any funds being withheld must be made available.
Congress is not required to vote on these proposals and has ignored most presidential requests.
The Impoundment Control Act
This legislation affects Congress through the Congressional Budget Office (CBO) which was a result of the Congressional Budget and Impoundment Control Act.
The CBO adopts an existing resolution on the budget that sets forth total levels of spending and revenues, and broad spending priorities, for several fiscal years.
As an existing resolution, it is approved by the House and Senate but does not become law.
No funds are spent or revenues raised under the budget resolution. Instead, it serves as an enforceable blueprint for Congressional action on spending and revenue legislation.
How It Affects them