INCREASING THE PUBLIC DEBT LIMIT AND ALTER- ING THE BUDGET TREATMENT OF PROGRAMS HEARING BEFORE THE C343 LIBRARY OF CONGRESS PARV COMMITTEE ON WAYS AND MEANS NINETY-EIGHTH CONGRESS FIRST SESSION 21-675 O MAY 12, 1983 Serial 98-10 Printed for the use of the Committee on Ways and Means U.S. GOVERNMENT PRINTING OFFICE COMMITTEE ON WAYS AND MEANS DAN ROSTENKOWSKI, Illinois, Chairman SAM M. GIBBONS, Florida J. J. PICKLE, Texas CHARLES B. RANGEL, New York JAMES R. JONES, Oklahoma RICHARD A. GEPHARDT, Missouri CECIL (CEC) HEFTEL, Hawaii JAMES M. SHANNON, Massachusetts DON J. PEASE, Ohio KENT HANCE, Texas ROBERT T. MATSUI, California BARBER B. CONABLE, JR., New York GUY VANDER JAGT, Michigan BILL FRENZEL, Minnesota JAMES G. MARTIN, North Carolina RICHARD T. SCHULZE, Pennsylvania BILL GRADISON, Ohio W. HENSON MOORE, Louisiana CARROLL A. CAMPBELL, JR., South Carolina WILLIAM M. THOMAS, California JOHN J. SALMON, Chief Counsel JOSEPH K. DOWLEY, Assistant Chief Counsel ROBERT J. LEONARD, Chief Tax Counsel A. L. SINGLETON, Minority Chief of Staff (II) KF27 CONTENTS Congressional Budget Office, Dr. Alice M. Rivlin, Director, and Richard Department of the Treasury, Hon. R. T. McNamar, Deputy Secretary, and Warren Carter, Acting Assistant Secretary for Domestic Finance.... General Accounting Office, Harry S. Havens, Assistant Comptroller General ... Office of Management and Budget, Lawrence A. Kudlow, Associate Director Heritage Foundation, James T. Bennett and Thomas J. DiLorenzo, depart- Hon. William Proxmire, a U.S. Senator from the State of Wisconsin |