Economy Act

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Economy Act

Economy Act in the Federal Budget Process

Meaning of Economy Act in the congressional and executive budget processes (GAO source): A common reference to section 1535 of title 31 of the United States Code that provides general authority for one agency or unit thereof to obtain goods and services from another agency or unit. Payment may be made in advance or upon the provision of the goods and services ordered.


See Also

Further Reading

  • Legislatures and the budget process: the myth of fiscal control

    (J Wehner, 2010)

  • Reconcilable Differences?: Congress, the Budget Process, and the Deficit (JB Gilmour, 1990)
  • Fiscal institutions and fiscal performance

    (JM Poterba, J von Hagen, 2008)

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