Federalist No. 30: What Is to Be Done About the Federal Budget?
Article first published online: 14 NOV 2011
Copyright © 2011 The American Society for Public Administration
Public Administration Review
Special Issue: The Federalist Papers Revised for Twenty-First-Century Reality Edited by Paul C. Light of the Robert Wagner School of Public Service at New York University Co-sponsored by the School of Public Affairs at American University and the School of Policy, Planning, and Development at the University of Southern California
Volume 71, Issue Supplement s1, pages s53–s61, December 2011
How to Cite
Posner, P. L. (2011), Federalist No. 30: What Is to Be Done About the Federal Budget?. Public Administration Review, 71: s53–s61. doi: 10.1111/j.1540-6210.2011.02462.x
- Issue published online: 14 NOV 2011
- Article first published online: 14 NOV 2011
Federalist Nos. 12 and 30–36 describe the benefits of a national fiscal system with independent revenues, arguing that a strong national government cannot exist for long without the means to raise revenues on its own. This essay examines the national fiscal policy process during this period of economic crisis and rising national debt. It provides a detailed assessment of needed reforms in the budget system that would meet the tests imposed by an increasingly uncertain global economy.