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Publication Date

12-1-1995

Series Information

Policy Brief 162

Publisher

Center for the Study of American Business (CSAB), Washington University in St. Louis, St. Louis, MO 63130

Description

The idea of a balanced budget is a fine start on the path towards governmental fiscal stability. The much harder task comes in identifying the specific spending cuts that should be made and attracting sufficient public support for such tough action. Currently, powerful interest groups are able to push very hard for the particular spending programs that benefit them. One solution to this problem would be to refer budget cuts to a bipartisan, blue-ribbon commission. Congress would then be required to vote up or down on the entire package, without opportunity to make exceptions for specific programs.

Keywords

Budget Cuts, Fiscal Stability, Blue-Ribbon Commission, Congressional Spending

Disciplines

Economics | Public Policy

Comments

The Center for the Study of American Business (CSAB), 1975-2001, is the predecessor of the Weidenbaum Center on the Economy, Government, and Public Policy at Washington University in St. Louis.

Permanent URL: http://dx.doi/org/10.7936/K7JH3JC2

DOI

doi:10.7936/K7JH3JC2

Needed: An Armey Commission on the Budget

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