What's Wrong with the Federal Budget Process : vimarsana.com

A better budget process would be simple, understandable, less prone to loopholes, and designed to facilitate communication between the President and Congress. Lawmakers should enact a cap on totalfederal spending. Congress could manually determine cap levels(OmniCaps) or use the inflation-plus-population-growth formula ofthe Taxpayers Bill of Rights model.

Related Keywords

White House , District Of Columbia , United States , Iowa , Capitol Hill , The White House , Department Of Education , Colorado , Ohio , Georgew Bush , Gramm Rudman Hollings , Members Of Congress , Thomasa Roe Institute For Economic Policy , House Or Senate , Office Of Management , Senate Constraints , Flexibility Congress , Heritage Foundation , Impoundment Control Act , Budget Enforcement Act , Gramm Rudman Hollings Act , Current Budget Process , Baby Boomers , Social Security , Accounting Rules Two , Outside Constraints , Discretionary Caps The , Persian Gulf War , Spending Caps , Workable Spending Limits The , Taxpayer Bill , Annual Budget , Annual Appropriations , Critics , Food Stamp , Roll Hall , Changes Across , Federal Liabilities , Obligations Adoption , Annual Budget Adding , Federal Budgetary Affairs , Economic Policy Studies ,