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Biennial Budgeting for the Federal Government: Lessons from the States

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  • Charles Whalen

    (The Jerome Levy Economics Institute)

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    Abstract

    Proposals that would establish a two-year budget and appropriations cycle for the U.S. government have been offered by both Democrats and Republicans in recent years. This article analyzes the potential impact on such budgeting. The first section examines the budget period in theory and practice. The second section introduces federal biennial- budgeting proposals and the core arguments offered in support of this reform. The next three sections draw heavily on studies of state budgeting -- including a new biennial-budgeting survey prepared by the state of New Jersey -- to evaluate these arguments. The article concludes the federal budget process can be structure in a way that permits the advantages of biennial budgeting to outweigh its disadvantages.

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    File URL: http://128.118.178.162/eps/mac/papers/9810/9810008.pdf
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    Bibliographic Info

    Paper provided by EconWPA in its series Macroeconomics with number 9810008.

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    Length: 37 pages
    Date of creation: 29 Oct 1998
    Date of revision:
    Handle: RePEc:wpa:wuwpma:9810008

    Note: Type of Document - Acrobat PDF; prepared on IBM PC; to print on PostScript; pages: 37; figures: included
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    Web page: http://128.118.178.162

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    1. Rivlin, Alice M, 1984. "Reform of the Budget Process," American Economic Review, American Economic Association, vol. 74(2), pages 133-37, May.
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