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Rules and Restraint
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Rules and Restraint: Government Spending and the Design of Institutions

David M. Primo

Abstract

Government spending has increased dramatically in the United States since World War II despite the many rules intended to rein in the insatiable appetite for tax revenue most politicians seem to share. Drawing on examples from the federal and state governments, this book explains why these budget rules tend to fail, and proposes alternatives for imposing much-needed fiscal discipline on our legislators. One reason budget rules are ineffective, the author shows, is because politicians often create and preserve loopholes to protect programs that benefit their constituents. Another is that legisl ... More

Keywords: government spending, tax revenue, budget rules, fiscal discipline, politicians, loopholes, legislators, legislative process, constitutional convention, Congress

Bibliographic Information

Print publication date: 2007 Print ISBN-13: 9780226682594
Published to Chicago Scholarship Online: March 2013 DOI:10.7208/chicago/9780226682617.001.0001

Authors

Affiliations are at time of print publication.

David M. Primo, author