off the charts

A Caution on Biennial Budgeting

At a recent Senate Budget Committee hearing, several senators expressed support for the idea of implementing a two-year budget cycle, CQ reports.  Proponents claim biennial budgeting will lead to more thoughtful budgeting and improved congressional oversight. Understandably, many people are frustrated by the difficulties Congress has had in producing a budget in recent years.  But biennial budgeting proposals have been around for years, and our examination of this issue concluded that the disadvantages of biennial budgeting are likely to outweigh the advantages; the analysis we issued explains why. . . .