摘要:

This is the second of a two‐part retrospective on the evolving role of the OMB budget examiner. The examiner has become more active in negotiations with the legislative branch and tracking the legislative status of various fiscal measures. A new central budget management system was created to monitor appropriation bills. The OMB budget examiner has also been increasingly used to provide information for advocacy purposes before Congress and the public. The institutional effect on OMB of these changing roles is examined and suggestions for organizational reform are mad

ISSN:0275-1100    

DOI:10.1111/1540-5850.00805

出版商:Blackwell Publishers Ltd.    

年代:1989

数据来源: WILEY

摘要:

This paper analyzes the U.S. federal budget deficit during the Reagan administration and its short‐ and longer‐term consequences for the aggregate economy. While budget policies of the Reagan administration do not account for all of the increases in annual deficits or in outstanding federal debt during the Reagan era, an analysis indicates that the administration's program of tax reduction and defense spending build‐up were the major sources of deficit growth after the recovery from the recession of 1981‐82. For the near‐term future, the legacy of the Reagan deficits includes (1) the failure of domestically owned capital formation to expand at rates comparable to our major trading partners, (2) the necessity of diverting U.S. products and income to servicing foreign creditors, and (3) the need for rates of interest and profits to be high enough to induce foreigners to retain their holdings of U.S. assets lest divestiture cause a virtual collapse in the exchange rate. The final evaluation of the impact of the Reagan deficit hinges on whether the Reagan era of high consumption prosperity proves a good trade‐off with the consequences of attenuated macropolicy responses to recession, lower levels of U.S. owned capital stock, and remittances to foreig

ISSN:0275-1100    

DOI:10.1111/1540-5850.00806

出版商:Blackwell Publishers Ltd.    

年代:1989

数据来源: WILEY

摘要:

This article examines the morality of public deficits through the views of political leaders, economists and public finance experts. It looks at the changing attitude about borrowing for the modern state and examines the ability of current generations to shift the debt burden to future generations. The article also explores whether the adoption of an organic or individualistic concept of the role of the state affects conclusions concerning the morality of public debt.

ISSN:0275-1100    

DOI:10.1111/1540-5850.00807

出版商:Blackwell Publishers Ltd.    

年代:1989

数据来源: WILEY

摘要:

One of the remedies sought by state and local officials for the growing burden of federal mandates is a mandate reimbursement law. A major purpose of mandate reimbursement is to deter Congress from imposing excessive costs on state and local governments by making it fully accountable for its actions. The paper begins by extending the economic theory of grants to mandates and reimbursed mandates. It goes on to assess the benefits and costs of mandate reimbursement, and to distinguish mandates that should be reimbursed, should a reimbursement program prove desirable, from those that should not. Then, using the economic theory of grants and mandates, the paper compares reimbursed mandates with two alternatives for accomplishing the same objective, compensating grants and procedural rules. It concludes that the latter are more promising than mandate reimbursement.

ISSN:0275-1100    

DOI:10.1111/1540-5850.00808

出版商:Blackwell Publishers Ltd.    

年代:1989

数据来源: WILEY

摘要:

Tax Increment Financing (TIP) uses the increase in taxes resulting from an area's redevelopment to help subsidize the costs of redevelopment. The paper focuses on the mechanisms and problems of using real property tax increments under Illinois law. Two distinct methods of calculating tax increments, the “aggregate” and “parcel” methods, are examined. A briefcase study is p

ISSN:0275-1100    

DOI:10.1111/1540-5850.00809

出版商:Blackwell Publishers Ltd.    

年代:1989

数据来源: WILEY

摘要:

Changes in intergovernmental grants for local capital improvements during the Reagan Administration are explored from a national perspective and from the experiences of two mid‐sized communities, Tulsa, Oklahoma and Toledo, Ohio. Nationally, a roller coaster pattern was identified with a strong down‐turn in the most recent data and a notable shift from redevelopment to expansion/development grants such as highway and airport construction. Locally, the first dilemma is that the change in the mix of grants available is having a greater impact on the older Toledo than the newer Tulsa because their capital needs vary. Yet as federal grants declined, both cities responded affirmatively by raising new local revenues for capital improvements. The second dilemma is that the differences in their wealth and needs make revenue enhancement more difficult for Toledo than Tu

ISSN:0275-1100    

DOI:10.1111/1540-5850.00810

出版商:Blackwell Publishers Ltd.    

年代:1989

数据来源: WILEY

摘要:

Inadequate curriculum materials frequently impede the teaching of public sector financial management to graduate and mid‐career students. The Curriculum Development Project at the School of Public Affairs of the University of Maryland has produced a draft curriculum that emphasizes the use of microcomputers and associated analytical skills in integrating topics in finance, accounting and budgetin

ISSN:0275-1100    

DOI:10.1111/1540-5850.00811

出版商:Blackwell Publishers Ltd.    

年代:1989

数据来源: WILEY

摘要:

Recent studies have raised serious concerns about the quality of governmental audits by independent CPAs. Part of the problem is that many governmental units do not use effective audit procurement procedures. This article examines current state guidelines for the procurement of CPA audit services by local governments and recommends an expansion of the states' role in this area.

ISSN:0275-1100    

DOI:10.1111/1540-5850.00812

出版商:Blackwell Publishers Ltd.    

年代:1989

数据来源: WILEY

ISSN:0275-1100    

DOI:10.1111/1540-5850.d01-1530

出版商:Blackwell Publishers Ltd.    

年代:1989

数据来源: WILEY