Congressional Budget Process Hearings Before the Subcommittee On Legislative a
Congressional Budget Process Hearings Before the Subcommittee On Legislative a
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Meanwhile, the savings and loan cleanup added an estimated $300 billion to federal outlays. Al- though this particular crisis is over, at least temporarily, there is now concern that the Federal Deposit Insurance Corporation, the Federal Housing Administration, and the Pension Benefit Guar- anty Corporation will soon require multi-billion dollar taxpayer bailouts of their own.
Domestic discretionary spending slowed in 1980s — Most domestic discretionary programs — including agriculture, trans- ...portation, natural resources, social services, general government, and science — expanded sharply from 1950 to 1980. In the 1980s the Reagan Administration had marginal success in trimming these programs. Their budgets in real dollars O^ut not in nominal dollars) declined in some cases. Nonetheless, without exception these domestic discretionary programs are considerably larger today than in 1950 and, as discussed in an earlier chapter, they are growing rapidly again so far in the 1990s.
58 2020: A Budget Odyssey The picture that emerges from this brief review of post- World War II federal fiscal policy is this: Although virtually every area of the budget has expanded sharply since 1950, entitlements are the primary villain in the loss of federal fiscal discipline.
What to read after Congressional Budget Process Hearings Before the Subcommittee On Legislative a?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Rules to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Meanwhile, the savings and loan cleanup added an estimated $300 billion to federal outlays. Al- though this particular crisis is over, at least temporarily, there is now concern that the Federal Deposit Insurance Corporation, the Federal Housing Administration, and the Pension Benefit Guar- anty Corporation will soon require multi-billion dollar taxpayer bailouts of their own.
Domestic discretionary spending slowed in 1980s — Most domestic discretionary programs — including agriculture, trans- ...portation, natural resources, social services, general government, and science — expanded sharply from 1950 to 1980. In the 1980s the Reagan Administration had marginal success in trimming these programs. Their budgets in real dollars O^ut not in nominal dollars) declined in some cases. Nonetheless, without exception these domestic discretionary programs are considerably larger today than in 1950 and, as discussed in an earlier chapter, they are growing rapidly again so far in the 1990s.
58 2020: A Budget Odyssey The picture that emerges from this brief review of post- World War II federal fiscal policy is this: Although virtually every area of the budget has expanded sharply since 1950, entitlements are the primary villain in the loss of federal fiscal discipline.
What to read after Congressional Budget Process Hearings Before the Subcommittee On Legislative a?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Rules to read onlineMoreLess
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