Saturday, February 19, 2011

Congressional Budget Process, In Action

Today's Wall Street Journal featured an interesting interview with House Budget Committee Chairman Paul Ryan on FY 2012 budget negotiations between Congress and President Obama.

Although we're not covering the federal budget process for a few weeks, this article highlights the political nature of the budget resolution (which, importantly, is not a law).

As Professor Pitney said in class, few House Republicans endorse the committee's "Roadmap for America's Future". Even Ryan knows it won't pass, according to the article. But Ryan believes Americans will benefit from the debate on deficit reduction, if Democrats choose to respond.

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