Fiscal Discipline Likely To Be Greater This Year Without A New Congressional Budget Resolution Than With One


 

Publication Date: April 2004

Publisher: Center on Budget and Policy Priorities (Washington, D.C.)

Author(s): Richard Kogan

Research Area: Banking and finance

Keywords: Federal budget; Fiscal future; Economic projections

Type: Report

Abstract:

Would the lack of a congressional budget resolution for fiscal year 2005 really mean the collapse of fiscal discipline, as some may think? This analysis suggests otherwise, for two basic reasons.