1992 Fiscal Year Budget Proposals
The committee heard testimony from Mr. Darman, head of the Office of Management and Budget, on the fiscal year 1992 budget proposals from th… read more
The committee heard testimony from Mr. Darman, head of the Office of Management and Budget, on the fiscal year 1992 budget proposals from the Bush Administration. Mr. Darman discussed recent Office of Management and Budget forecasts, and responded to questions from members of the committee on the policy decisions made in the fiscal year 1992 budget proposals. The Office of Management and Budget’s forecast for 1991 includes a prediction of a $318 billion deficit, and predicts a less than favorable immediate economic future for the U.S. close
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