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Nov 18

Budget Process Reforms in the Next Congress

There is bi-partisan agreement that the federal budget process is badly broken. Both the House and Senate budget committees are actively considering both incremental and fundamental reforms. Calls for a return to “regular order” where more members of Congress have a say in budget and appropriations outcomes are commonplace. However, a less crisis-driven, last-minute, ad hoc approach to budgeting is unlikely until the existing dysfunctional process has been changed. Moreover, the federal fiscal situation is grave. Reforms may improve budgetary outcomes, allowing Congress to prioritize spending more rationally, to engage in more meaningful oversight of the Executive Branch and to limit spending growth. Join us for a discussion of what has worked in other OECD countries, how a better process can improve government, and what specific reforms will be considered in the next Congress.

AGENDA

9:30 a.m. - Fiscal Rules: What Works and Lessons from OECD Countries

John Merrifield, University of Texas at San Antonino
Barry Poulson, University of Colorado
Chris Edwards, Cato Institute (Discussant)

10:30 a.m. - Improving Agency Performance with Fiscal Discipline

Marcus Peacock, George Washington University
Jason Fichtner, Mercatus Center at George Mason University
Justin Bogie, The Heritage Foundation (Discussant)

               

11:30 a.m. - A Report on Budget Process Reform from the House and Senate Budget Committees

George Everly, U.S. Senate Committee on the Budget
Rick May, U.S. House Committee on the Budget
David Burton, The Heritage Foundation (Discussant)

More About the Speakers

Hosted By

Paul Winfree Paul Winfree

Director, Thomas A Roe Institute for Economic Policy Studies and Richard F. Aster Fellow Read More