{"id":2047372,"date":"2023-09-27T22:56:01","date_gmt":"2023-09-28T02:56:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/former-senate-budget-chief-economist-says-two-year-appropriations-process-could-end-cycle-of-spending-crises\/"},"modified":"2023-09-27T23:01:01","modified_gmt":"2023-09-28T03:01:01","slug":"former-senate-budget-chief-economist-says-two-year-appropriations-process-could-end-cycle-of-spending-crises","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/former-senate-budget-chief-economist-says-two-year-appropriations-process-could-end-cycle-of-spending-crises\/","title":{"rendered":"Ex-Senate Budget Chief Economist: 2-Year Appropriations Can Stop Spending Crises."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fformer-senate-budget-chief-economist-says-two-year-appropriations-process-could-end-cycle-of-spending-crises%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2047372&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Engaging the Budget Process: A Way \u200bForward<\/h2>\n<p>As Congress teeters on the brink of a government shutdown,\u200b frustration with its inability to set \u2062spending levels in \u200can orderly manner is reaching\u200b a boiling \u200bpoint. But Bill Beach, former chief\u2063 economist \u200cfor\u2062 the Senate Budget Committee, believes he has a solution \u2064to break the cycle of\u2062 missed budget\u2063 deadlines and \u200ctemporary fixes.<\/p>\n<p>Beach, who served under two \u2063Republican chairmen and later became commissioner of the \u200dBureau of Labor Statistics, proposes a major reform\u2063 to the budget \u200bprocess. His idea? A biannual, two-step system that would create a budget in the first year \u200dand enact\u200d appropriations in the \u200csecond year.\u200b This approach, which \u200baligns with \u200cthe two-year\u2063 congressional \u200belection cycle, would \u2064allow for better\u2062 planning and minimize\u200b the\u200b need for temporary\u2064 measures.<\/p>\n<blockquote>\n<h3>Related Stories<\/h3>\n<ul>\n<li><a href=\"http:\/\/www.theepochtimes.com\/us\/air-travel-delays-will-follow-government-shutdown-warns-white-house-5499416?ea_src=author_manual&#038;ea_med=related_stories\"><strong>Air Travel Delays Will Follow Government Shutdown, \u200dWarns\u2063 White\u2064 House<\/strong><\/a>  &#8211; 9\/27\/2023<\/li>\n<li><a href=\"http:\/\/www.theepochtimes.com\/us\/senate-advances-funding-stopgap-to-avoid-government-shutdown-5498963?ea_src=author_manual&#038;ea_med=related_stories\"><strong>Senate Advances Funding Stopgap to Avoid Government \u200cShutdown<\/strong><\/a>  &#8211; 9\/26\/2023<\/li>\n<\/ul>\n<\/blockquote>\n<p>Beach argues that this reform\u200b is\u200b crucial to address the alarming increase in spending and \u200dpublic debt over the past five years. To avoid further credit downgrades and protect the value of the dollar, Congress \u2063must restore responsible fiscal practice. One way to signal this intent is through substantial reforms to the Budget and Impoundment Control Act of 1974.<\/p>\n<p>Eric Ueland, another Senate Budget Committee \u2063veteran, agrees that the current \u2063budget process is in dire need\u2062 of reform. With \u2062a\u200d history of continuing resolutions and partial government shutdowns, it&#8217;s clear that a thoughtful effort \u2064to revamp the \u200bfederal budget process is long overdue.<\/p>\n<p>One of the biggest obstacles \u2064to effective budgeting is the absence of budget buy-in and the decreasing share of discretionary\u200b spending. Only 27 percent of the annual federal budget\u2064 is allocated to discretionary spending, while the rest is mandatory for entitlement programs.<\/p>\n<p>While the two-year budget proposal has \u2062garnered support in Congress, it also faces criticism. Some argue that simply\u200c tweaking timelines \u200cwon&#8217;t fix\u200d the underlying dysfunctions. However, Beach and other proponents believe that a \u2063biannual system would enhance accountability and better connect electoral debates with legislative priorities.<\/p>\n<p>As the government\u200b shutdown \u200blooms, the urgency\u2063 for budget reform grows. Will Congress \u200brise to the occasion and \u200drestore order to the budget process? Only time will tell.<\/p>\n<p> <\/p>\n<h2> How \u200cwould a biannual budget process provide stability and continuity?<\/h2>\n<p><span>  L-industry-seeks-more<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/former-senate-budget-chief-economist-says-two-year-appropriations-process-could-end-cycle-of-spending-crises\/\" title=\"Ex-Senate Budget Chief Economist: 2-Year Appropriations Can Stop Spending Crises.\">-government-support-amid-pandemic_3673575<\/a>.html&#8221;>US Air Travel\u200c Industry Seeks\u2064 More Government Support\u2062 Amid Pandemic<\/a><\/li>\n<li><a href=\"http:\/\/www.theepochtimes.com\/us\/house-passes-bill-aimed-at-protecting-right-to-vote_3673529.html\">House Passes Bill Aimed at Protecting Right to Vote<\/a><\/li>\n<li><a href=\"http:\/\/www.theepochtimes.com\/us\/money-for-nothing-commissioners-who-dont-meet_3673584.html\">Money\u200c for Nothing: Commissioners Who Don&#8217;t Meet<\/a><\/li>\n<\/ul>\n<\/blockquote>\n<p>The current budget process, which\u200d often involves \u2064\u200bstopgap measures and government shutdown threats, has long \u200bbeen criticized\u200b as inefficient and ineffective. Without a \u2062\u200blong-term budget in place, government agencies \u200bfind\u2062 it difficult to plan and adequately address the needs of the country.<\/p>\n<p>Beach&#8217;s proposed biannual approach \u2062would provide stability\u2064 and continuity in the budget\u200d process. By\u2063 separating the budget creation and \u200cappropriation phases, Congress would have more time to discuss and negotiate spending priorities. This would help prevent situations where deadlines are\u200b constantly \u2063missed, leading to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/how-mccarthys-speaker-vote-and-debt-ceiling-promises-could-affect-spending-fight\/\" title=\"McCarthy's vote and debt ceiling promises may impact spending dispute.\">short-term funding measures<\/a> that do\u2062 not adequately address\u2063 the long-term needs\u2062 of the country.<\/p>\n<p>Furthermore, the biannual system\u200c would align with the two-year\u2063 congressional election cycle and allow \u200cvoters to hold their representatives accountable\u200c for their budget decisions. With a\u2064 clear budget and\u2064 appropriations\u2062 process every two\u2064 years, voters would have\u2062 a better understanding of how their representatives\u200c are prioritizing spending\u200d and can <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-drops-plan-to-track-chinese-communist-influence-in-american-schools-report\/\" title=\"Biden Drops Plan To Track Chinese Communist Influence In American Schools: Report\">make informed choices<\/a> at the \u200dpolls.<\/p>\n<p>Implementing such a reform, however, would <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sen-patty-murray-confirms-ukraine-and-disaster-aid-spending-bill-in-the-works\/\" title=\"Sen. Patty Murray confirms progress on Ukraine and disaster aid bill.\">require\u200b bipartisan support<\/a> and commitment from both parties. It would be essential for Democrats and Republicans to work together to pass legislation that establishes a biannual budget process.\u200b This would require compromise and cooperation, which can be challenging in the current divisive \u2063political climate.<\/p>\n<p>Nevertheless, \u200cthe benefits of \u200ba biannual budget process are \u200cclear. It would reduce\u200d the \u200drisk of government shutdowns and provide a\u2062 more predictable and stable financial\u200c environment\u200b for government \u200dagencies. It would also promote sound fiscal planning and enable better <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-prageru-explains-how-to-make-our-cities-safer\/\" title=\"WATCH: PragerU Explains \u2018How To Make Our Cities Safer\u2019\">long-term decision-making<\/a>.<\/p>\n<p>While the\u200d current budget process has \u200bits flaws, \u2062it is encouraging to see\u2062 proposals \u2063like Beach&#8217;s that offer potential solutions. Engaging in an open and constructive debate on budget reforms \u200bis crucial\u200d for the\u2064 future of our country. By implementing \u200da biannual budget system, Congress would take a major step forward in breaking the cycle of missed deadlines and temporary \u200cfixes.<\/p>\n<p>As Congress faces \u2062the current government shutdown threat, it is imperative that lawmakers seriously consider and explore innovative approaches like\u2062 Beach&#8217;s proposal. The time has\u2063 come to prioritize the budget process and\u200b ensure that it serves the best interests of the American people. Engaging in the necessary reforms today will pave the way for a\u2063 more \u2062effective and efficient budget \u2062process in the future, allowing our government to better address \u200cthe needs of\u200b the nation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With a government shutdown looming, frustration mounts as Congress struggles to pass a new federal budget before the fiscal year ends. Bill Beach proposes a solution to overcome this chaotic spending process.<\/p>\n","protected":false},"author":173,"featured_media":2047373,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[],"class_list":["post-2047372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2047372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/173"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2047372"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2047372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2047373"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2047372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2047372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2047372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}