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by Edward Herman
Provides a guide to basic concepts; the Congressional Budget Impoundment and Control Act of 1974, as amended by the Gramm-Rudman legislation, the two laws governing the budget process; the president's "Budget Message"; receipts; the expenditures of agencies; the federal debt and credit budget; federal expenditures as measured according to the National Income and Product Accounts (NIPA); types of fund categories; budgeting for capital expenditures; and much more.