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The Sources of Growth in Federal Spending
Author(s) -
O'Lessker Karl
Publication year - 1993
Publication title -
public budgeting and finance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.694
H-Index - 30
eISSN - 1540-5850
pISSN - 0275-1100
DOI - 10.1111/1540-5850.00992
Subject(s) - federal budget , economics , slow growth , economic policy , agricultural economics , demographic economics , macroeconomics , finance , fiscal year
The sharp upsurge in federal spending during the twelve years of the Reagan and Bush administrations is attributable largely—but not entirely—to the growth of outlays for entitlements. But while Reagan succeeded in cutting domestic discretionary spending by almost 10 percent, under Bush it rose by close to 18 percent. This article attempts to account for those differences and concludes by suggesting ways to slow the growth of total federal spending.