This budgetary reform would bring a large portion of offbudget spending into the budget. would simplify the credit budget. and. in combination with the legislation we are introducing today. would increase greatly congressional control over Federal spending and credit activities. One further point. Mr. President. last week on July 23. the U.S. Supreme Court ruled in Immigration and Naturalization Service against Chada that the legislative veto in its present form was unconstitutional. Part of the bill we are introducing today includes sections relating to the impoundment provision of the Budget Act which are likely to be subject to the Chada decision. Recognizing this possibility. we would hope that upon examination of the credit bill by the Budget Committee. adjustments can be made in the bill to reflect the Supreme Court decisions.
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