Description
"Updates and expands the assessment of the long-term budgetary outlook, addressing such issues as the collapse of the congressional budgetary process and the threat posed by the termination of discretionary spending caps. Concludes with a look at how the nation's deficit will affect America now and in the future"--Provided by publisher.
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An essential guide to the federal budget process, this book brings together three critical elements of budget strategy: the political tactics and relationships that determine budgetary success or failure; the policy objectives pursued through the budget's revenue and spending proposals; and the rules and procedures that govern congressional and presidential action on these proposals. Documents used in federal budgeting are highlighted to show how the process affects policy outcomes.
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