As the U.S. enters a new cent., the 107th Cong. and the new admin. face an array of challenges and opportunities to enhance the performance and accountability of the Fed. gov't. and to position our country for the future. The GAO's recently issued Performance and Accountability Series describes those challenges. This report provides a framework for considering the budgetary implications of certain program reform options discussed in past GAO work but not yet addressed or enacted. This report is not a complete summary of possible options, but it does provide specific examples that demonstrate the programmatic and fiscal oversight needed as we enter the new millennium. Charts and tables.