GOVT-210 Lecture Notes - Lecture 8: Congressional Budget Office, Dynamic Scoring
13 May 2020
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Document Summary
Budget and the economy- guest speaker budget/ economic policy actors. Creates budget points of order to enforce decisions on floor. Provide policy guidance- riders vs report language. Originate emergency supplemental spending bills that respond to disasters or other unanticipated needs. Budget conflict between president nixon and congress led to passage of congressional budget and impoundment act of 1974. Reasserted congress" role in budget process; established house and senate budget committees and congressional budget office. Provide congress with info about economic and budgetary issues. Permitted only for mandatory, revenue, and debt limit. Limited debate time (20 hours) and can pass with 51 votes. Bill and amendments must comply with byrd rule: Budgetary impact must not be merely incidental. Cannot increase deficit any year beyond budget window. If provision violates byrd rule, can be stricken with 41 votes. Traditional cbo/jct scoring of legislation recognized policy changes can affect microeconomic activity.
