The Congressional Budget and Impoundment Act of 1974 requires that

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


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