Comparative Evaluation of the Implementation of the Deficit Reduction Act within the Department of Defense.

reportActive / Technical Report | Accession Number: ADA174637 | Open PDF

Abstract:

This thesis presents an evaluation of the armed services plans to implement the cash management phase of the Deficit Reduction Act of 1984. This act follows the Debt Collection Act, Prompt Payment Act, Reform 88, and similar legislation designed to strengthen the control of federal funds, motivate government managers to handle cash more efficiently, and reduce the national deficit. The Deficit Reduction Act is an outgrowth of the Presidents Private Sector Survey on Cost Control PPSSCC. This act authorizes the Department of the Treasury to prescribe regulations requiring agencies to implement the PPSSCCs recommendations for accelerating the billing, collection, and deposits of nontax federal receipts. Special attention is given to the higher echelon Finance Centers of the armed services who set policies and provide guidance to subordinate activities. The results indicate that the armed services are improving, but problems remain with implementation legislation and regulations. Keywords prompt payment debt management.

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