The Congressional Budget Process, Aggregate Spending, and Statutory Budget Rules

@inproceedings{Dharmapala2001TheCB,
  title={The Congressional Budget Process, Aggregate Spending, and Statutory Budget Rules},
  author={Dhammika Dharmapala},
  year={2001}
}
This paper compares the Congressional budget process (instituted in 1974) and the piecemeal appropriations process that preceded it. Previous theoretical analysis using spatial models of legislator preferences finds no systematic difference in relative spending levels under the two regimes. This paper instead uses a model of interest group lobbying. A legislature determines spending on a national public good and on subsidies to sector-specific interest groups. In the appropriations process, the… CONTINUE READING