Why is the Federal Budget Such a Mess?
Anyone watching Congress trying to negotiate the U.S. budget might wonder who could possibly have designed such a process. Thanks to an endlessly complicated scheme of resolutions and committees, Washington every year cycles through a charade of planning, followed by brinksmanship over spending, followed by shutdown threats and debt-ceiling showdowns and some kind of after-deadline scramble to prevent a globally humiliating default.
How did we get this system?
The surprising answer is that the American budget process was born as a thoughtful reform. The Budget Act was written 40 years ago, and was supposed to fix a few big problems — in particular one caused by President Richard Nixon…. (Read more at Politico.com)