Is it not possible, under implementing legislation, for us to require the Congressional Budget Office or the Office of Management and Budget to put forth a monthly calculation of what the deficit will be so we have our finger on the pulse of what the revenues and outlays will be so that, in fact, farther out from that final end of fiscal year, we might be able to adjust if we see from those estimates that we are going to run into trouble? In fact, is that not one of the problems now that we do not do that; we do not react based on what we know from continuing estimates?
Editor's note · Context
Discussing the need for regular deficit calculations during a budget debate.
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