Putting Off-Budget Federal Spending Back on the Books

Publication Date: February 1985

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Thomas J. DiLorenzo

Research Area: Banking and finance

Keywords: Budget

Type: Report


The Office of Management and Budget (OMB) recently proposed putting all federal off-budget spending back on the books. Federal off-budget spending is spending or lending that, by law, is not counted as part of the regular budget and thus does not appear in "the deficit."