Capitol Hill Briefing

Unstacking the Deck: The Need for Budget Process Reform

May 25, 2005 12:00 PM to 1:30 PM EDT

B-369 Rayburn House Office Building

Featuring Rep. Jeb Hensarling, (R‐​Texas) and Stephen Slivinski, Director of Budget Studies, Cato Institute

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The Republican Congress has been unable to control spending. Current budget rules stack the deck in favor of increased spending. Changing the rules and incentives of the budget process is vital to putting a leash on spending.

Budget reform may see the light of day thanks to the work of a group of House members including Rep. Jeb Hensarling (R‐​Texas). He and the Republican Study Committee have presented more than a dozen ideas to restore sanity to the budget process—including giving the budget resolution the force of law and capping entitlement spending. Please join our speakers as they discuss the importance of these reform proposals and their prospects for passage.