Temporary Tax Laws and the Budget Baseline
10 Pages Posted: 1 Nov 2017 Last revised: 15 Nov 2017
Date Written: November 2017
In this article, we discuss the inconsistent use of the current policy baseline by policymakers, which undermines budget enforcement and represents a deep violation of Senate norms. We further describe how the potentially dangerous disruption to the budget process provides an opportunity to improve the official baseline.
Keywords: current policy baseline, temporary legislation, tax cuts, budget process
JEL Classification: H60, H20
Suggested Citation: Suggested Citation