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Capital Budgeting

United States. Congress. House. Committee on Government Reform and Oversight. Subcommittee on Government Management, Information, and Technology

Published: 1996

Total Pages: 138


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Distributed to some depository libraries in microfiche.
This paper presents for Executive Board approval proposals for the FY 10–12 medium-term administrative budget, and the FY 10 capital budget in the context of the FY 10–12 capital plan. It also proposes to carry forward up to six percent of the unspent resources from the FY 09 administrative budget to help finance increased costs associated with the global financial crisis.
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Government is broke. The 2004 federal deficit is the highest in U.S. history. The states have suffered three years of record shortfalls. Cities, counties, and school districts are laying off policemen and teachers, closing schools, and cutting services. But the fiscal pain won't go away, and the bankrupt ideologies of left and right offer little guidance.The Price of Government presents a radically different approach to budgeting -- one that focuses on buying results for citizens rather than cutting or adding to last year's spending programs. It advocates consolidation, competition, customer choice, and a relentless focus on results to save millions while improving public services.