Pub. L. 100-418, tit. V, subtit. D, sec. 5301
PRESIDENTS ANNUAL BUDGET SUBMISSION.
SEC. 5301. PRESIDENTS ANNUAL BUDGET SUBMISSION.Subsection (a) of section 1105 of title 31, United States Code, is amended by inserting at the end thereof the following new paragraph: “(26) an analysis, prepared by the Office of Management and Budget after consultation with the chairman of the Council of Economic Advisers, of the budget’s impact on the international competitiveness of United States business and the United States balance of payments position and shall include the following projections, based upon the best information available at the time, for the fiscal year for which the budget is submitted— “(A) the amount of borrowing by the Government in private credit markets; “(B) net domestic savings (defined as personal savings, corporate savings, and the fiscal surplus of State and local governments); “(C) net private domestic investment; “(D) the merchandise trade and current accounts; “(E) the net increase or decrease in foreign indebtedness (defined as net foreign investment); and “(F) the estimated direction and extent of the influence of the Government’s borrowing in private credit markets on United States dollar interest rates and on the real effective exchange rate of the United States dollar.”.