December 9, 1992
Policy Analysis no. 186

by Stephen Moore
Stephen Moore is director of fiscal policy studies at the Cato Institute.
Published on December 9, 1992
Share with your friends:
A Cato Institute survey of 118 U.S. governors and former governors--including Jimmy Carter, Ronald Reagan, Michael Dukakis, and Bill Clinton--reveals a strong consensus that both a line-item veto for the president and a balanced-budget amendment to the Constitution would be effective methods of reducing the massive federal budget deficit. A majority of the governors also say that today Congress has too much power over the budget process and the president too little. Highlights of the survey follow.
Stephen Moore is director of fiscal policy studies at the Cato Institute.
America's governors and former governors have a unique perspective on budget reform issues. Most of them have had practical experience with the line-item veto and balanced-budget requirements in their states. The fact that most governors have found those budget tools useful in restraining deficits and unnecessary government spending suggests that they may be worth instituting on the federal level.
View this Policy Analysis in HTML
© 2009 The Cato Institute
Please send comments to webmaster
Get the Flash Player to see this player.
Financial Fiasco
An easily accessible work on the economic crisis, the book guides readers through a world of irresponsible behavior, showing how many of the "solutions" being implemented are repeating the mistakes that caused the crisis.
Mad About Trade
This much-needed antidote to a rising tide of protectionist sentiment in the United States offers a spirited defense of free trade and tells the underreported story of how a more global U.S. economy has created better jobs and higher living standards for American workers.
The Dirty Dozen
New in Paperback
This non-lawyer's guide to the worst Supreme Court decisions of the modern era reveals the ongoing impact these cases have on free speech, economic liberty, property rights, private contracts, and much more.
Cato Supreme Court Review
Now in its eighth year, this acclaimed annual publication brings together leading national scholars to analyze the Supreme Court's most important decisions from the term just ended and preview the year ahead.
New Cato Journal Issue
Cato Journal is America's leading free-market public policy journal. The current issue is a valuable resource for scholars concerned with questions of public policy, yet it is written and edited to be accessible to the interested lay reader.