Skip to comments.[Hidden Evils of] Baseline Budgeting: The statistsí thumb on the scale
Posted on 10/22/2013 9:19:46 AM PDT by WhyNotFreedom?Edited on 10/22/2013 9:24:07 AM PDT by Admin Moderator. [history]
On the afternoon of July 12, 1974, House and Senate Democratic leaders were arriving early at the White House well before their demoralized Republican counterparts. And were they ever pumped! As they trouped into the Presidents office for their photo-op, it became clear they considered this a victory party. They almost literally pranced around the Oval Office giving each other the 1970s equivalent of high-fives and chest bumps.
President Richard Nixon was about to sign the Congressional Budget and Impoundment Control Act, one of his last major acts before he resigned from office on August 9. Tucked into the minutiae of its pages was a secret weapon, little understood by most of official Washington then or now, but well appreciated by Senate Majority Leader Mike Mansfield (MT) and his deputy Robert Byrd (WV), [etc]...in attendance.
The crucial provision of that budget act baseline budgeting gets nearly as little attention today as it did in the summer of 74. Yet that rule has silently and relentlessly bloated the size of our government for nearly four decades.
The Budget Act of 1974...mandated one particular approach to budgeting that the federal government would be required to use in perpetuity for discretionary appropriations. Rather than deciding the spending level of each budget account from scratch a zero base every year...the act mandates that the Congressional Budget Office establish a baseline that continues and increases the previous years appropriation every year, until the underlying authorizing law expires which often is never. Later Congresses added additional dollars to the baseline formula for estimated inflation, and still more for population expansion, and a list of other factors.
This CBO Baseline put the discretionary side of the federal budget on autopilot and immortalized most federal spending programs.
Excert, read the rest at http://dailycaller.com/2013/09/17/baseline-budgeting-the-statists-thumb-on-the-scale/>/Daily Caller
This is why the GOP should NEVER AGAIN say the words “budget cuts” and just say “freeze”
Freeze government spending at current year rates and you balance the budget in 7 years (or less)
Let the democraps TRY to call a spending FREEZE a cut, and make them explain why a freeze is a cut
The Daily Caller must be excerpted to post on Free Republic.
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