Anchor Event
1921
1921
Progressive Era to New Era Era
Anchor Event
What Americans Were Trying To Do
Coordinate executive budgeting, improve accountability, and strengthen fiscal oversight.
What Happened
The Budget and Accounting Act created the Bureau of the Budget and the General Accounting Office, changing how federal budgets were prepared and reviewed.
How Public Finance Made It Possible
Budget institutions made public finance more systematic, comparable, and accountable.
What This EnabledCitizenslawmakers gained clearer budget documentsexecutive planningindependent auditing
How Americans BenefitedCitizenslawmakers gained clearer budget documentsexecutive planningindependent auditing
Defining Moments
Top 100 Building Events
