I 
109TH CONGRESS 
2D SESSION 
H. R. 6040 
To establish the Accountable Budgeting Commission. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 7, 2006 
Mr. CRENSHAW introduced the following bill; which was referred to the 
Committee on the Budget 
A BILL 
To establish the Accountable Budgeting Commission. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Accountable Budgeting 
Commission Act of 2006’’. 
SEC. 2. FINDINGS AND PURPOSE. 
(a) FINDINGS.—Congress finds that— 
(1) President Lyndon Johnson created the 
Commission on Budget Concepts in 1967 by execu-
tive order to assess the basic budget concepts that 
underlie the Federal budget process; 
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(2) the Commission’s report provided a common 
framework for the development, presentation, and 
execution of the Federal budget for the ensuing dec-
ades; 
(3) since the release of that report, the Govern-
ment has experienced major changes in the scope of 
its financial commitments, the nature of its various 
budget transactions, the role of Congress in budget 
decisions, and the imposition of special controls over 
spending and revenue; and 
(4) in view of these changes, a new Accountable 
Budgeting Commission should be created to assess 
the present state of budget concepts and forge a bi-
partisan consensus for necessary changes. 
(b) PURPOSE.—The purpose of this Act is to estab-
lish the Accountable Budgeting Commission to review, 
evaluate, and make recommendations respecting the budg-
et concepts that underlie the Federal budget and the Fed-
eral budget process. 
SEC. 3. ESTABLISHMENT OF ACCOUNTABLE BUDGETING 
COMMISSION. 
There is established a commission to be known as the 
Accountable Budgeting Commission (hereinafter referred 
to as the ‘‘Commission’’). 
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SEC. 4. POWERS AND DUTIES OF COMMISSION. 
(a) DUTIES OF THE COMMISSION.— 
(1) The duties of the Commission shall in-
clude— 
(A) an identification of activities, entities, 
and transactions to be included in the Federal 
budget and the criteria for making such deter-
minations; 
(B) an assessment of the appropriate 
measures of Federal financial commitments to 
allocate resources and establish fiscal policy; 
(C) an evaluation of the differences be-
tween user fees and revenue, and between var-
ious forms of user fees, and the circumstances 
when such fees should be accounted for as off-
setting spending or adding to revenue; 
(D) an appraisal of the appropriate usage 
of cash and accrual-based measures for various 
types of Federal financial commitments, such 
as Government insurance, loan guarantees, and 
leasing; 
(E) recommendations of the appropriate 
means for recognizing the cost of acquisition 
and disposition of various types of nonfinancial 
assets; 
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(F) an evaluation of appropriate measures 
of Federal debt, borrowing, and means of fi-
nancing; 
(G) an assessment of the adequacy of the 
current account and fund structure for record-
ing revenue and expenditures for specific classes 
of governmental activities; 
(H) recommendations for changes in Fed-
eral budget practices to accommodate the Fed-
eral Accounting Standards Advisory Board’s 
recommended accounting standards; 
(I) recommendations for changes in budget 
practices to reflect the Government’s multi-year 
acquisitions; 
(J) the appropriate means of accounting 
for the financial risk the Government incurs 
from contractual and implied commitments; and 
(K) an evaluation of the usage of dynamic 
scoring analysis. 
(2) EXCEPTIONS.—Notwithstanding paragraph 
(1), the Commission shall make no findings, conclu-
sions, or recommendations respecting the following: 
(A) Social security and medicare. 
(B) Government-sponsored enterprises. 
(b) POWERS OF THE COMMISSION.— 
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