Some Observations on Current Trends in Public Policy & Budgeting. Barry Anderson Deputy Director National Governors Association [email protected] March 13, 2012. 1. My Goal Today. Discuss a series of observations on current trends in public policy and budgeting
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National Governors Association
March 13, 2012
Source: Angus Maddison, The World Economy: Historical Statistics (2003) Table B-20; www.ggdc.net/maddison
As to the budget caps: what’s wrong with what works?The most important recent trend in government budgeting internationally has been the shift to performance budgeting; why not us too?
See: Performance Budgeting in OECD Countries, OECD, September, 2007.
Source: OECD Factbook 2010
Source: Sean Keehan (CMS), et al., “National Health Spending Through 2020: Economic Recovery & Reform Drive Faster Spending Growth”, Health Affairs, August 2011.
Source: IMF Fiscal Monitor, Sept 2011
With respect to tax reform, could there be agreement on “broaden the base & lower the rates”?(Percentage of households whose payroll taxes exceed income taxes; Source: CBO)
Average Incomes & Shares by Quintiles, 2007
($ in thousands. Source: CBO)
is the best
Supreme Court Justice Louis Brandeis (1856-1941)