Fifty Years of Congressional Budgeting: Has It Worked?

President Nixon signed his last major piece of legislation, the Congressional Budget and Impoundment Control Act of 1974 (CBA), just 12 days before the Supreme Court ruled that tapes of his conversations at the White House were to be turned over to the Congress. And 16 days later, on August 9, 1974, the President resigned his office. 

It will remain an unanswered question as to whether Nixon would have signed the legislation if he had not been under investigation for the serious misuse of Presidential powers. 

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