Congressional Trends to Tax and Spend: Examining Fiscal Voting Across Time and Chamber
AbstractThis paper examines congressional spending preferences over time by party and chamber. The data employed is the annual vote index compiled by the National Taxpayers Union for 1979-2002. NTU scores are presented with and without adjusting for interchamber and intertemporal movements of the policy space over which the scores are calculated. Results indicate that the parties and chambers are much more stable over time, and exhibit a slighter liberal trend, with adjustments for movements in the policy space. In addition, during fiscal milestones the adjusted scores indicate less pronounced changes in spending preferences than the unadjusted data do.
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Bibliographic InfoPaper provided by EconWPA in its series Public Economics with number 0512005.
Length: 13 pages
Date of creation: 02 Dec 2005
Date of revision:
Note: Type of Document - pdf; pages: 13. First draft. Replacement file likely to be uploaded as changes are made during referee process.
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fiscal policy; legislator voting; ideal point estimation;
Find related papers by JEL classification:
- D6 - Microeconomics - - Welfare Economics
- D7 - Microeconomics - - Analysis of Collective Decision-Making
- H - Public Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-12-14 (All new papers)
- NEP-CDM-2005-12-14 (Collective Decision-Making)
- NEP-PBE-2005-12-14 (Public Economics)
- NEP-POL-2005-12-14 (Positive Political Economics)
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