Fiscal Challenges: An Interdisciplinary Approach to Budget PolicyFiscal Challenges: An Interdisciplinary Approach to Budget Policy brings together leading experts from a range of disciplines to explore the problems of budget policy. The authors, including top economists, political scientists, historians, psychologists, and legal scholars, together provide a unique, multidisciplinary introduction to the subject. In addition to in-depth analysis of congressional budget procedures and the economics of federal deficits and debt, Fiscal Challenges explores important recent developments in budget policy at the state level and in the European Union. The goal of the volume is to offer readers wide-ranging perspectives on the many different academic disciplines and perspectives that bear on the evaluation of budgetary procedures and their reform. |
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accounting accrual accounting Adrian Vermeule amendments analysis annual appropriations authority Balanced Budget balanced-budget benefits billion bonds borrowing Budget Act budget process budget resolution budgetary aggregates changes chapter committees Cong Congress Congressional Budget Congressional Budget Office constitutional constraints costs court debt restrictions decisions deficits and debt delayed disclosure discretionary fiscal policy Econ economic effect enacted enforcement expenditure limits federal budget federal government Fiscal Federalism fiscal institutions fiscal performance fiscal policy fiscal rules funds future Gann limit governor growth Hagen Howell E income infrastructure interest groups investment item veto lawmakers legislative legislature liabilities line-item veto long-term measures Medicare outlays percent point of order political Poterba procedures programs projects public debt reconciliation bill reconciliation instructions reduce reform requirements revenue Senate Social Security Starving the Beast substantial supermajority supra note surplus tax cuts taxpayers TELs transparency U.S. Census Bureau vote voters
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Page 5 - This power over the purse may, in fact, be regarded as the most complete and effectual weapon, with which any Constitution can arm the immediate representatives of the people, for obtaining a redress of every grievance, and for carrying into effect every just and salutary measure.
Page 4 - The house of representatives can not only refuse, but they alone can propose the supplies requisite for the support of government. They, in a word, hold the purse ; that powerful instrument by which we behold, in the history of the British constitution, an infant and humble representation of the people, gradually enlarging the sphere of its activity and importance, and finally reducing, as far as it seems to have wished, all the overgrown prerogatives of the other branches of the government. This...
Page 20 - ... such other matters relating to the budget as may be appropriate to carry out the purposes of this Act.