Congress' Role in Federal Financial Management

Maya MacGuineas' Testimony Before the Senate Homeland Security and Governmental Affairs Subcommittee on Federal Financial Management, Government Information, and International Security
May 25, 2006 |
Maya MacGuineas, Director of New America's Fiscal Policy Program and President of the Committee for a Responsible Federal Budget, testified before the Senate Homeland Security and Governmental Affairs Subcommittee on Federal Financial Management, Government Information, and International Security on May 25, 2006. The full text of her prepared remarks is available below in PDF format.
Issues:
While process cannot do the heavy lifting required to create responsible budgets, sensible and balanced rules do play an important role in improving how the government allocates its resources.