Biennial Budgeting in the Federal Government |
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Authors: | Louis Fisher |
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Affiliation: | Senior Specialist in the Separation of Powers at the Congressional Research Service, The Library of Congress, Washington, D.C. 20540. |
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Abstract: | This article examines the possible outcomes of changing from the current annual budget review to biennial budgeting. It looks at the experience of various states and its application to the federal level. It explores all of the supposed benefits , including less time spent on budgeting issues, more accurate budget projections, reduction of congressional workload and increased congressional oversight and, for the president's point of view, increased power of the executive branch. Concluding on a cautious note, the article offers some plausible applications of biennial budgeting to the national budget. |
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