About: Budget and Accounting Act

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The Budget and Accounting Act of 1921 (Pub.L. 67–13, 42 Stat. 20, enacted June 10, 1921) was landmark legislation that established the framework for the modern federal budget. The act was approved by President Warren G. Harding to provide a national budget system and an independent audit of government accounts. The official title of this act is "The General Accounting Act of 1921", but is frequently referred to as "the budget act", or "the Budget and Accounting Act".This act meant that for the first time, the president would be required to submit an annual budget for the entire federal government to Congress. The object of the budget bill was to consolidate the spending agencies in both the executive and legislative branches of the government.

Attributes	Values
rdf:type	bird
rdfs:label	Budget and Accounting Act (en)
rdfs:comment	The Budget and Accounting Act of 1921 (Pub.L. 67–13, 42 Stat. 20, enacted June 10, 1921) was landmark legislation that established the framework for the modern federal budget. The act was approved by President Warren G. Harding to provide a national budget system and an independent audit of government accounts. The official title of this act is "The General Accounting Act of 1921", but is frequently referred to as "the budget act", or "the Budget and Accounting Act".This act meant that for the first time, the president would be required to submit an annual budget for the entire federal government to Congress. The object of the budget bill was to consolidate the spending agencies in both the executive and legislative branches of the government. (en)
dcterms:subject	United States federal budgets 1921 in law 1921 in the United States United States federal government administration legislation
Wikipage page ID	10929929 (xsd:integer)
Wikipage revision ID	1109380976 (xsd:integer)
Link from a Wikipage to another Wikipage	United States federal budgets Roll Call 1921 in law 1921 in the United States United States Congress United States Government Comptroller General of the United States Government Accountability Office Congressional Digest BNET United States federal government administration legislation Warren G. Harding Office of Management and Budget dbr:Institutional_presidency
Link from a Wikipage to an external page	http://www.gao.gov/about/rollcall07192004.pdf%7Caccess-date=April http://findarticles.com/p/articles/mi_hb6642/is_3_18/ai_n28924827/ https://web.archive.org/web/20101005074807/http:/gao.gov/about/rollcall07192004.pdf%7Carchive-date=October https://www.cambridge.org/core/journals/journal-of-policy-history/article/proper-organs-for-presidential-representation-a-fresh-look-at-the-budget-and-accounting-act-of-1921/01F9B70A774B567185C54CC685890A81
sameAs	Budget and Accounting Act Budget and Accounting Act Budget and Accounting Act
dbp:wikiPageUsesTemplate	dbt:Cite_journal dbt:Cite_news dbt:Quote dbt:Reflist dbt:Sfn dbt:USStatute dbt:Harvid dbt:Harvnb dbt:Infobox_U.S._legislation
signeddate	1921-06-10 (xsd:date)
signedpresident	Warren G. Harding
enacted by	67 (xsd:integer)
has abstract	The Budget and Accounting Act of 1921 (Pub.L. 67–13, 42 Stat. 20, enacted June 10, 1921) was landmark legislation that established the framework for the modern federal budget. The act was approved by President Warren G. Harding to provide a national budget system and an independent audit of government accounts. The official title of this act is "The General Accounting Act of 1921", but is frequently referred to as "the budget act", or "the Budget and Accounting Act".This act meant that for the first time, the president would be required to submit an annual budget for the entire federal government to Congress. The object of the budget bill was to consolidate the spending agencies in both the executive and legislative branches of the government. The act created the Bureau of the Budget, now called the Office of Management and Budget (OMB), to review funding requests from government departments and to assist the president in formulating the budget. The OMB mandates that all government estimates, receipts, and expenditures be cleared by the director of the budget. From the director, the estimates go directly to the president and from the president, directly to Congress. In addition, the act created the General Accounting Office, now known as the Government Accountability Office (GAO), the non-partisan audit, evaluation, and investigative arm of Congress, and an agency in the legislative branch of the United States Government. The act required the head of the GAO, to "investigate, at the seat of government or elsewhere, all matters in relation to the receipt, disbursement, and application of public funds, and shall make to the President ... and to Congress ... reports [and] recommendations looking to greater economy or efficiency in public expenditures". The name of the General Accounting Office was changed to Government Accountability Office in 2004 to better reflect the mission of the office. (en)
gold:hypernym	Legislation
prov:wasDerivedFrom	wikipedia-en:Budget_and_Accounting_Act?oldid=1109380976&ns=0
page length (characters) of wiki page	10887 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Budget_and_Accounting_Act
is Link from a Wikipage to another Wikipage of	Presidency of Warren G. Harding Robert Scurlark Moore List of United States federal legislation, 1901–2001 John R. McCarl Reorganization Act of 1939 Budget Act Budget and accounting act OMB Circular A-126 OMB Circular A-130 Timeline of the Warren G. Harding presidency Government Accountability Office Commission on Economy and Efficiency 67th United States Congress June 1921 History of the United States government Budget and Accounting Act of 1921 Budget and Accounting Act of 1921 (Good-McCormack Act)
is Wikipage redirect of	Budget and accounting act Budget and Accounting Act of 1921 Budget and Accounting Act of 1921 (Good-McCormack Act)
is acts amended of	Reorganization Act of 1939
is foaf:primaryTopic of	wikipedia-en:Budget_and_Accounting_Act

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