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The Evolution of Federal Spending Controls: A Brief Overview
Author(s) -
Davis Edward
Publication year - 1997
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 - 10.1111/1540-5850.01106
Subject(s) - control (management) , government (linguistics) , government spending , federal budget , economics , public economics , deficit spending , public spending , economic policy , political science , macroeconomics , finance , law , fiscal year , politics , management , market economy , debt , linguistics , philosophy , welfare
This article reviews spending controls in the federal government over the past two decades. During this period, federal spending has grown significantly, despite budgetary controls. The article discusses various Impoundment Control acts throughout this time period with a focus on the Gramm‐Rudman‐Hollings Act of 1985 and the budget reforms of the 1990s. The article also gives an overview of whether current spending and deficit control procedures are inadequate and, if so, what stronger measures may be adopted.