Emergency Spending
By Tad DeHaven
A recent paper by Veronique de Rugy examines how policymakers use various budgeting gimmicks to increase spending and obscure liabilities. One particularly abusive mechanism is the designation of supplemental spending as an “emergency.” The emergency designation makes it easier for policymakers to skirt budgetary rules, particularly “pay-as-you-go” (PAYGO) requirements.
The following chart from the paper shows [...]
Categories: Politics, Tax and Budget Policy |
Tags: Appropriations, debt, deficit, funding, George W. Bush, office of management and budget, Senator Tom Coburn, spending, stimulus, the economy, veronique de rugy | 
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