How Reagan Can Put Privatization Back on Track

Publication Date: December 1986

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Stuart M. Butler

Research Area: Business

Keywords: Regulation

Type: Report

Abstract:

The need to reduce the federal deficit amid the political reality of constituents demanding services makes privatization an increasingly attractive option for Congress and the Administration. Congress seems likely, sooner or later, to move in that direction because the alternatives are less palatable for most lawmakers. By improving the management of privatization within the Administration, leading to legislative proposals that attract public support, the Reagan White House can encourage Congress to move sooner rather than later. And that will increase the chances of action by Congress to cut the deficit by improving the efficiency of services, instead of slashing essential programs or passing a damaging tax increase.