MARC Record from marc_columbia

LEADER: 04414mam a2200469 a 4500
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008 930818t19941994cau b 001 0 eng
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020 $a0804723230 (paper : acid-free paper) :
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050 00 $aHJ2051$b.C556 1994
082 00 $a336.3/9/0973$220
100 1 $aCogan, John F.$0http://id.loc.gov/authorities/names/n79139048
245 14 $aThe budget puzzle :$bunderstanding federal spending /$cJohn F. Cogan, Timothy J. Muris, and Allen Schick.
260 $aStanford, Calif. :$bStanford University Press,$c[1994], ©1994.
263 $a9412
300 $ax, 164 pages ;$c23 cm
336 $atext$2rdacontent
337 $aunmediated$2rdamedia
338 $avolume$2rdacarrier
504 $aIncludes bibliographical references and index.
505 0 $a1. Why Study Microbudgeting? / Allen Schick -- 2. The Dispersion of Spending Authority and Federal Budget Deficits / John F. Cogan -- 3. The Uses and Abuses of Budget Baselines / Timothy J. Muris -- 4. Changes in Discretionary Domestic Spending During the Reagan Years / John F. Cogan and Timothy J. Muris -- 5. The Study of Microbudgeting / Allen Schick -- App. A: Data Description -- App. B: Baseline Concepts.
520 $aIn the United States, the size and composition of the federal budget is arguably the most important single issue of the 1990's, yet most debates and commentaries on the subject are largely uninformed. Virtually no one - whether government official, member of Congress, journalist, or taxpayer - seems to understand how the budget is put together and what it means. This is hardly surprising, since the budget has become extraordinarily complicated.
520 8 $aThe structure of the budget reform act of 1911 has been maintained, with the changes of additional reforms (1974, 1986, and 1990) piled on top of it, while virtually nothing has been discarded.
520 8 $aMost people are distressed at the enormous size of the federal deficit and perplexed because highly touted plans and agreements to bring the deficit down result in an even higher deficit. Why does this happen? Why is there a growing deficit amid cries of underfunding? Why is there general agreement on a format that has proved so misleading?
520 8 $aThis book comprises a series of essays about the federal budget - how and why it has grown so large, why most "deficit-reduction" measures are either shams or predestined to fail, and why understanding budget issues is so difficult.
520 8 $aThe authors offer a new perspective, a microbudgeting approach, which requires examining in detail how the federal government makes its budget decisions. Macrobudgeting, which is concerned with totals rather than parts, has prevailed for more than a generation in both Democratic and Republican administrations; the deficit-reduction drives of the 1980's, for example, failed because the parts added up to more than the targeted totals.
520 8 $aBy contrast, microbudgeting breaks the budget down into its basic elements, carefully reviews the assumptions underlying each program or account, and critically examines the methods by which savings are computed. Using this approach, the authors demonstrate that it is possible to understand the budget process and to make informed decisions on issues of public policy.
520 8 $aIndividual essays focus on such topics as: the changing Congressional budget processes that have been critically important in contributing to the federal budget deficits that have persisted since World War II; the origins, uses, and abuses of budget baselines; and the myth of the budget reductions of the Reagan presidency.
650 0 $aBudget$zUnited States.$0http://id.loc.gov/authorities/subjects/sh85017604
650 0 $aGovernment spending policy$zUnited States.$0http://id.loc.gov/authorities/subjects/sh85056109
700 1 $aMuris, Timothy J.$0http://id.loc.gov/authorities/names/n79041387
700 1 $aSchick, Allen.$0http://id.loc.gov/authorities/names/n50016079
852 00 $boff,bus$hHJ2051$i.C556 1994