Publication Date: March 2008
Publisher: Tax Policy Center
Author(s): C. Eugene Steuerle
Research Area: Economics
Keywords: Economy; Federal Budgets & Fiscal Policy; Fiscal future
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.