The Case for Congressional Budgeting |
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Authors: | Joachim Wehner |
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Affiliation: | London School of Economics and Political Science |
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Abstract: | William Howard Taft and Frederick A. Cleveland’s vision of executive budgeting clashes with the unique status of the U.S. Congress among the world’s legislatures, and its proponents may exaggerate the potential for presidents to act as fiscal guardians. This article advocates more congressional budgeting by reinstituting effective fiscal rules and strengthening the role of the budget committees. These mechanisms would enhance fiscal discipline and aid consolidation. |
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