Biennial Budgeting for the Federal Government: Lessons from the States
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.
|Date of creation:||29 Oct 1998|
|Note:||Type of Document - Acrobat PDF; prepared on IBM PC; to print on PostScript; pages: 37; figures: included|
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- 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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