Congressional Trends to Tax and Spend: Examining Fiscal Voting Across Time and Chamber
This 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.
|Date of creation:||02 Dec 2005|
|Note:||Type of Document - pdf; pages: 13. First draft. Replacement file likely to be uploaded as changes are made during referee process.|
|Contact details of provider:|| Web page: http://econwpa.repec.org|
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