Directs the Senate Committees on the Budget and on Governmental Affairs to study, either jointly or separately, the advisability and feasibility of conducting the fiscal affairs of the United States Government on a two-year fiscal period or, in the alternative, of having the budget submitted and new budget authority enacted for two fiscal years at a time.
Introduced in Senate
Referred jointly to Senate Committees on Budget; Governmental Affairs by unanimous consent pursuant to the order of August 4, 1977.
Committee on Governmental Affairs requested executive comment from GAO; CBO; White House Office; OMB; Treasury Department.
Committee on Governmental Affairs received executive comment from GAO.
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