When President Harding signed the Budget and Accounting Act of 1921 he hoped to do what?

When President Harding signed the Budget and Accounting Act of 1921, he aimed to create a more systematic and efficient approach to federal budgeting and financial management. The act established the Bureau of the Budget, which centralized budget preparation and aimed to improve accountability and transparency in government spending. Harding hoped this legislation would enhance the government's fiscal responsibility and help control public expenditures during a time of economic adjustment following World War I.