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A History (and Future) of the Budget Process in the United StatesBuilding a Visible Government

A History (and Future) of the Budget Process in the United States: Building a Visible Government [The progressive budget reformers sought efficiency through standardization, transparency, and bringing business practices to the government. Balancing the federal budget was seen as a form of efficiency. However, the executive budget process created in 1921 was a difficult fit compared to existing institutions. Congress also replaced a system where they governed federal debt on a rolling basis with a series of limits. It is impossible to know for sure how the American Founders would have considered the fundamental reforms of this period; however, the control over taxation and debt had been seen as the primary determinant of sovereignty to be vested in the people. The progressive reformers, of course, believed this power was best placed in the hands of the executive.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A History (and Future) of the Budget Process in the United StatesBuilding a Visible Government

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2019
ISBN
978-3-030-30958-9
Pages
77 –108
DOI
10.1007/978-3-030-30959-6_4
Publisher site
See Chapter on Publisher Site

Abstract

[The progressive budget reformers sought efficiency through standardization, transparency, and bringing business practices to the government. Balancing the federal budget was seen as a form of efficiency. However, the executive budget process created in 1921 was a difficult fit compared to existing institutions. Congress also replaced a system where they governed federal debt on a rolling basis with a series of limits. It is impossible to know for sure how the American Founders would have considered the fundamental reforms of this period; however, the control over taxation and debt had been seen as the primary determinant of sovereignty to be vested in the people. The progressive reformers, of course, believed this power was best placed in the hands of the executive.]

Published: Oct 26, 2019

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