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Accounting Better for the Federal Budget: The Government We Deserve

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Publication Date: March 2008

Publisher(s): Tax Policy Center

Author(s): C. Eugene Steuerle

Special Collection: John D. and Catherine T. MacArthur Foundation

Topic: Economics (Economic theory)

Keywords: Economy; Federal Budgets & Fiscal Policy; Fiscal future

Type: Report

Abstract:

Almost nothing better reflects our federal government priorities than the budget. The arcane rules governing how budget numbers are presented, however, totally obscure what's really happening. Turning out even more lights, every modern president and Congress play an accounting game that makes it seem like they aren't accountable for how spending changes over time.