Overview
- Covers the entire history of the United States budget process and ties it into the evolution of economic policy driven by politics, historical events, and economic thought
- Takes a chronological approach while still pointing to important themes in the history of the budget process
- Presents a forward-looking approach in later chapters by a former White House Director of Budget Policy
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Table of contents (8 chapters)
Keywords
- budget process of the united states
- budget process
- public debt
- Congress
- appropriations
- Committee of Ways and Means
- Jefferson Administration
- THE ANTI-DEFICIENCY ACT
- US economic history
- Taft Commission
- General Accounting Act
- GAA
- Treasury Department
- Office of Management and Budget
- General Accounting Office
- GAO
- The Great Depression
- Donald Trump
About this book
The United States has one of the most unique budgeting processes of any modern government. The “powers of the purse” are enumerated under the Constitution, but they were hotly debated by the nation’s founding fathers. However, the lack of a legal guide for exactly how to delegate the powers, and under what conditions, has led to a process marked by power struggles—primarily between Congress and the presidency—over the last 230 years. Still, the budget and appropriations process is central to the functioning of the federal government.
This book covers the transformation of American government through the lens of shifting budgeting power, while documenting the evolution of economic policy through the federal budget. As the nation and the federal government have expanded, the budget process has entirely broken down. This book also recommends changes that would help the budget process function more effectively. The chapters are organized both chronologically and topically to help the reader think through the evolution of the budget process. With its comprehensive approach to the history of the budget process—covering the entirety of US federal existence—this book will be a go-to resource for academics and public policy professionals interested in Congressional and executive history.
Authors and Affiliations
About the author
Paul Winfree is Director of Economic Policy at The Heritage Foundation, USA, where he is also the Richard F. Aster Fellow. He served most recently as the Deputy Assistant to the President for Domestic Policy, the Deputy Director of the Domestic Policy Council, and the Director of Budget Policy, all at the White House, and is a member of the J. William Fulbright Board. Winfree was also the Chair of the Deputies Committee that oversaw the execution of all domestic policy at the Deputy Secretary level throughout the administration as well as the interagency policy coordination process. During the 2016 Presidential Transition, Winfree led the team responsible for the Office of Management and Budget. He has previously served as the Director of Income Security at the United States Senate Committee on the Budget.
Bibliographic Information
Book Title: A History (and Future) of the Budget Process in the United States
Book Subtitle: Budget by Fire
Authors: Paul Winfree
DOI: https://doi.org/10.1007/978-3-030-30959-6
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2019
Hardcover ISBN: 978-3-030-30958-9Published: 07 November 2019
Softcover ISBN: 978-3-030-30961-9Published: 07 November 2020
eBook ISBN: 978-3-030-30959-6Published: 25 October 2019
Edition Number: 1
Number of Pages: IX, 230
Topics: Economic History, Social Choice/Welfare Economics/Public Choice/Political Economy, Public Administration, Financial History, Public Finance