Budget Issues 1991 Budget Estimates What Went Wrong
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Budget Issues : 1991 Budget Estimates : what Went Wrong
Author | : United States. General Accounting Office |
Publisher | : |
Total Pages | : 68 |
Release | : 1992 |
Genre | : Budget |
ISBN | : |
Budget Issues
Author | : United States Government Accountability Office (GAO) |
Publisher | : Createspace Independent Publishing Platform |
Total Pages | : 68 |
Release | : 2018-02-16 |
Genre | : |
ISBN | : 9781985605961 |
OCG-92-1 Budget Issues: 1991 Budget Estimates: What Went Wrong
Budget Issues
Author | : United States. General Accounting Office |
Publisher | : |
Total Pages | : 0 |
Release | : 1992 |
Genre | : Budget |
ISBN | : |
Budget Issues
Author | : Stati Uniti. General Accounting Office |
Publisher | : |
Total Pages | : 63 |
Release | : 1992 |
Genre | : |
ISBN | : |
Interim Report on 1991-92 Budget Estimates
Author | : Victoria. Parliament. Economic and Budget Review Committee. Estimates Sub-Committee |
Publisher | : |
Total Pages | : 45 |
Release | : 1991 |
Genre | : Budget |
ISBN | : |
National Defense
Author | : U S Government Accountability Office (G |
Publisher | : BiblioGov |
Total Pages | : 24 |
Release | : 2013-07 |
Genre | : |
ISBN | : 9781289160593 |
GAO discussed current deficit-reduction issues, focusing on projected cuts in defense spending arising from improved relations with the Soviet Union. GAO noted that: (1) the government's use of surplus federal trust funds to pay current operating expenses was masking the magnitude of the national debt, which would reach an estimated $4.5 trillion by 1995; (2) the Department of Defense (DOD) had not completed its 1990 through 1994 reductions for use in preparing a new 5-year defense program, thereby limiting congressional budgeting decisions; (3) 20 DOD weapons systems programs scheduled for termination in 1991 accounted for about $3 billion in the year's defense reductions; (4) DOD needed to assess its strategy of concurrent production and testing for major weapons systems to avoid costly design changes; (5) DOD halted development efforts on three out of eight automated information systems after spending $330 million; (6) DOD submitted budgets to Congress which understated costs for automated systems, since it was not maintaining accurate and complete cost information; (7) a recent DOD management report projected savings for fiscal years 1991 through 1995 totaling $39 billion, with $2.3 billion of those savings were in the 1991 budget; (8) the Air Force's financial systems were not producing accurate cost data; (9) DOD inventories exceeded operating requirements by $103 billion and unreliable inventory records made the system vulnerable to fraud and abuse; and (10) DOD was acquiring major weapons systems that exceeded initial cost estimates and did not have the promised capabilities.
Fiscal Year 1991 Budget Estimates for the General Accounting Office
Author | : United States Accounting Office (GAO) |
Publisher | : Createspace Independent Publishing Platform |
Total Pages | : 30 |
Release | : 2018-04-23 |
Genre | : |
ISBN | : 9781717304254 |
T-OCG-90-2 Fiscal Year 1991 Budget Estimates for the General Accounting Office
Health Reports
Author | : United States. General Accounting Office. Human Resources Division |
Publisher | : |
Total Pages | : 56 |
Release | : 1993-05 |
Genre | : Health insurance |
ISBN | : |