On Wednesday, the Joint Select Committee on Budget and Appropriations Process Reform unveiled draft legislation designed to change the way Congress exercises its constitutionally-granted power of the purse.
Since the current process began with the Budget Act of 1974, Congress has been serially unable to meet basic deadlines for passing budget resolutions and spending measures.
Budget analysts of every political and ideological stripe have bemoaned late and/or nonexistent budget resolutions, Congress' perpetual reliance on "Continuing resolutions" and "Omnibus" bills to fund the federal government, and the exploding national debt.
Under this model, rather than producing a budget every year, Congress would only produce a budget every two years, or once for every session of Congress.
The best evidence against biennial budgeting is already staring us in the face: Congress has essentially been operating on a biannual budget cycle for the last several years.
Ever since passage of the Budget Control Act of 2011, bipartisan budget deals have been made on a two-year basis.
Since fiscal reforms rarely happen, Congress should not bother to spend political capital on legislation unless it would have a meaningful impact, and legislators should certainly stay away from policy changes that are likely to do more harm than good.
https://www.dailysignal.com/2018/11/14/congress-considers-voting-away-its-budget-obligations/
Since the current process began with the Budget Act of 1974, Congress has been serially unable to meet basic deadlines for passing budget resolutions and spending measures.
Budget analysts of every political and ideological stripe have bemoaned late and/or nonexistent budget resolutions, Congress' perpetual reliance on "Continuing resolutions" and "Omnibus" bills to fund the federal government, and the exploding national debt.
Under this model, rather than producing a budget every year, Congress would only produce a budget every two years, or once for every session of Congress.
The best evidence against biennial budgeting is already staring us in the face: Congress has essentially been operating on a biannual budget cycle for the last several years.
Ever since passage of the Budget Control Act of 2011, bipartisan budget deals have been made on a two-year basis.
Since fiscal reforms rarely happen, Congress should not bother to spend political capital on legislation unless it would have a meaningful impact, and legislators should certainly stay away from policy changes that are likely to do more harm than good.
https://www.dailysignal.com/2018/11/14/congress-considers-voting-away-its-budget-obligations/
No comments:
Post a Comment