A bill to amend the Internal Revenue Code of 1954 to require the Secretary of the Treasury to provide taxpayers with an annual accounting of Federal expenditures

Summary

Amends the Internal Revenue Code to require the Secretary of the Treasury to prepare and publish in each year's income tax forms a table listing: (1) the functional categories for Federal outlays, as set forth in the Federal Budget, the total amount of outlays for each such functional category for such fiscal year, and the percentage of the total amount of outlays for such fiscal year which the total amount of outlays for each such functional category comprises; and (2) each subfunctional category of Federal outlays, for which the total amount of outlays for such fiscal year exceeded one percent of the total amount of outlays for that year, and the total amount of outlays for each such subfunctional category.

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1 official file

• Introduced in Senate

  summary · EN · 19 May 1976

  Open at official source

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