Budget and Accounting Act
The act was approved by President Warren G. Harding to provide a national budget system and an independent audit of government accounts.[1] This act meant that for the first time, the president would be required to submit an annual budget for the entire federal government to Congress.Assist the president by clearing and coordinating departmental advice on proposed legislative enactment in accordance with past practice 6.)"[5] This act also created the GAO as an agency independent of the executive branch and under control of the Comptroller General of the United States, who is appointed by the president for a term of 15 years.GAO officials regularly consult with lawmakers and agency heads on ways to make the government work better, from adopting best practices to consolidating or eliminating redundant federal programs.