House bills introduced to change budgeting process

House Budget Committee Chairman Paul Ryan (R-WI) and others have introduced legislation (H.R. 3577) that would move the federal budget from an annual to a biennial cycle. House Rules Committee Chairman David Dreier (R-CA) introduced his own biennial budgeting bill, H.R. 114. Proponents claim having a 2-year budget cycle will lead to more thoughtful and deliberative budgeting and allow more time for Congressional oversight. Many budget experts believe that the disadvantages of biennial budgeting outweigh the advantages and could adversely affect federally funded programs. Visit the CBPP website to learn more about H.R. 3577 and the risks of biennial budgeting.

%d bloggers like this: