Biennial Budgeting for the Federal Government: Lessons from the States
AbstractProposals 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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Bibliographic InfoPaper provided by EconWPA in its series Macroeconomics with number 9810008.
Length: 37 pages
Date of creation: 29 Oct 1998
Date of revision:
Note: Type of Document - Acrobat PDF; prepared on IBM PC; to print on PostScript; pages: 37; figures: included
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Find related papers by JEL classification:
- E - Macroeconomics and Monetary Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-1998-12-09 (All new papers)
- NEP-PBE-1998-12-09 (Public Economics)
- NEP-PUB-1998-12-09 (Public Finance)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- 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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