2 U.S.C. § 621. Congressional declaration of purpose

The Congress declares that it is essential—

  1. (1)
    (1)to assure effective congressional control over the budgetary process;
  2. (2)
    (2)to provide for the congressional determination each year of the appropriate level of Federal revenues and expenditures;
  3. (3)
    (3)to provide a system of impoundment control;
  4. (4)
    (4)to establish national budget priorities; and
  5. (5)
    (5)to provide for the furnishing of information by the executive branch in a manner that will assist the Congress in discharging its duties.
(Pub. L. 93–344, § 2, July 12, 1974, 88 Stat. 298.)