TEHRAN, Mar 10 - When President Donald Trump proposes his 2020 federal budget on Monday, official Washington will likely have a quick look, shrug and move on, marking another stage in the quiet decay of the U.S. government’s traditional policy-making processes.
TEHRAN, Young Journalists Club (YJC) -There was a time when the release of the president’s budget was a red-letter day on the calendar of Washington wonkery, with policy experts and fiscal hawks delving into spreadsheets and expounding upon new spending plans and the national debt.
But the hoopla of budget day is gone, a relic of a time when politics were less polarized, the federal deficit drove political decisions and the White House and Congress still took the budget process seriously.
“It has seemed to me that budget day ain’t what it used to be,” said Robert Bixby, who has pored over the budget for more than 25 years at the Concord Coalition, a fiscal responsibility advocacy group.
Last year’s budget weighed in at a whopping $4.4 trillion. It was not balanced and was panned for relying on rosy economic projections and for not doing enough to cut the federal deficit.
The 2020 Trump budget will land a month after a deadline established in law, a lag blamed on the recent five-week partial shutdown of the federal government over a funding dispute.
Congress, which controls federal spending, is likely to dismiss Trump’s proposal, if recent history is any guide.
The Democratic-ruled House of Representatives and Republican-majority Senate also are unlikely to agree on a joint budget resolution of their own. Instead, they probably will stumble forward until fiscal 2019 ends and a spending deadline arrives on Oct. 1, forcing them to produce a last-minute deal or face another government shutdown.
“The entire process has become one of missed deadlines, make-believe budgets filled with gimmicks and magic asterisks,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget.
MacGuineas remembers in years gone by “scurrying around” to read through the budget as fast as possible so that she could answer a flurry of calls from reporters. These days, the budget is a blip on the news cycle, a process that is neither serious nor effective.
source:Reuters
Your Comment