Fiscal and Budgetary Reform Act

[AI summary unavailable — showing source text] Fiscal and Budgetary Reform Act - Title I: Congressional Office of Budget Analysis and Program Evaluation - Establishes for the Congress an Office of Budget Analysis and Program Evaluation which shall be subject to supervision and control by the Joint Economic Committee. Provides for the structure and organization of such Office. States that prior to the submission of the Budget of the United States Government for each fiscal year, the Joint Committee staff, including the Office shall make a through study of the nation's economic conditions and that based upon that study the Executive Director of the Joint Committee shall two days prior to receipt of the United States Budget make a report to the Joint Committee with an estimate of Federal revenues and outlays. Provides that upon receipt of this study and the United States Budget the Joint Committee will hold hearings and report to all committees of the Senate and House of Representatives the appropriate Federal fiscal policy. Provides that upon receipt of the Joint Committee report the respective Committees on Appropriation shall report a bill establishing the total outlays for the fiscal year. Provides for the Office of Budget Ana…