The Congressional Budget and Impoundment Act of 1974 requires that
A) the president impound those moneys appropriated by Congress which exceed federal revenues.
B) Congress develop a budget on the basis of the president's budget, through coordinated efforts of the CBO and the OMB.
C) Congress develop a budget by adding up the requests of all the government agencies.
D) Congress impound that portion of the president's budget in excess of government revenues.
E) Congress agree on a budget according to a fixed schedule, with target figures for the total budget size.
Answer: E