Saturday, March 30, 2013

US budget process

"The most important thing to say about the situation of recent years is that the US federal budget process has completely broken down. Budgets have gone from being passed late to never, with government spending now allocated by some baffling system of continuing resolutions and last-minute “cliffs”. There appears to be nothing anymore like a sensible process for making future plans and sticking to them." -- Peter Woit

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