(c) Inclusion in Economic Report of President; purposeful development of expenditure and revenue elements; considerations governing determination of size of President’s expenditures and revenue proposals
The principal elements in the Presidents Budget shall be set forth briefly in each Economic Report, toward the end of making clear the relationship between the Presidents Budget and the goals and policies set forth in such Economic Report. Both the expenditure and revenue elements of the Presidents Budget shall be developed to promote the purposes, policies, and goals of the Full Employment and Balanced Growth Act of 1978 [15
et seq.]. The size of the Presidents expenditure and revenue proposals, and the relationships between such proposals, shall be determined in a manner which gives consideration to the needs of the economy and the people in the priority areas set forth in section 1022c
of this title, and the relationship between the Presidents expenditure and revenue proposals shall be guided accordingly.