The Congressional Budget and Impoundment Act of 1974 had which of the following consequences?
A) Prohibited the presidential impoundment of federal funds.
B) Strengthened the role of the President.
C) Shortened the time between presentation of the President's budget and the start of the fiscal year.
D) None of the above.

Question

Quizplus · Accepted Answer

The Congressional Budget and Impoundment Act of 1974 prohibited the presidential impoundment of federal funds. This means that the President could no longer refuse to spend funds that had been approved by Congress. The Act also established a formal budget process and strengthened Congress's role in the budgetary process, rather than strengthening the role of the President. The Act did not have any direct impact on the timing of the fiscal year.

The Congressional Budget and Impoundment Act of 1974 Had Which