Whats the intent of a capital budget pilot program?
A. The pilot should put the Congress and the Federal government in a better position to evaluate the impact of capital budgeting. Congress has debated capital budgeting in a vacuum, because concrete information on the capital budget impact has not been available. The pilot would provide this desperately needed information. Q. Would you include school buildings in your definition of capital? A. No. I believe the definition should be limited to physical infrastructure and Federal buildings.
