Insight

Budget Season: To Pass A Budget Or Not….

The Congressional Budget Act of 1974 provides a timeline for lawmakers to establish a budget for the federal government of the world’s largest economy. The critical assumption is that lawmakers will actually abide by this schedule. The Obama administration regularly submits late budgets. Recent experience suggests that not only do lawmakers flout budget deadlines, but as demonstrated recently by the Senate they fail to even act. In the recent past the Senate regularly fails to even attempt to pass a budget. This year will be no different.

Table 1: Budget Timetable

Since the legislation’s enactment in 1974, Congress successfully completed action on the budget according to the timeline a mere 6 times. The last time the budget was completed on schedule  was in 2003 for fiscal year 2004.[1]

Including this year, in 3 out the past 4 years, the full Senate failed to even consider a budget. The last time the Senate passed a formal budget resolution was in March of 2013, and only under threat of having Congressional pay suspended for failure to pass a budget under the “No Budget, No Pay Act.” The House of Representatives, on the other hand, has been willing to consider and pass budgets in a timely fashion, and (assuming the FY2015 budget is passed) did so 4 out of the past 4 years.

Table 2: Congressional Action on Budget Resolutions

Passage of Congressional Budget Resolutions

Fiscal Year

House

Senate

1976

5/1/1975

5/1/1975

 

11/12/1975

11/20/1975

1977

4/29/1976

4/12/1976

 

9/9/1976

9/9/1976

 

2/23/1977

2/22/1977

1978

5/5/1977

5/4/1977

 

9/8/1977

9/9/1977

1979

5/10/1978

4/26/1978

 

8/16/1978

9/6/1978

1980

5/14/1979

4/25/1979

 

11/28/1979

11/16/1979

1981

5/7/1980

5/12/1980

 

11/18/1980

11/19/1980

1982

5/7/1981

5/12/1981

 

12/10/1981

12/9/1981

1983

6/10/1982

5/21/1982

1984

3/23/1983

5/19/1983

1985

4/5/1984

5/18/1984

1986

5/23/1985

5/9/1985

1987

5/15/1986

5/1/1986

1988

4/9/1987

5/6/1987

1989

3/23/1988

4/14/1988

1990

5/4/1989

5/4/1989

1991

5/1/1990

6/14/1990

1992

4/17/1991

4/25/1991

1993

3/5/1992

4/10/1992

1994

3/18/1993

3/25/1993

1995

3/11/1994

3/25/1994

1996

5/18/1995

5/25/1995

1997

5/16/1996

5/23/1996

1998

5/21/1997

5/23/1997

1999

6/5/1998

4/2/1998

2000

3/25/1999

3/25/1999

2001

3/23/2000

4/7/2000

2002

3/28/2001

4/6/2001

2003

3/20/2002

n/a

2004

3/21/2003

3/26/2003

2005

3/25/2004

3/12/2004

2006

3/17/2005

3/17/2005

2007

5/18/2006

3/16/2006

2008

3/29/2007

3/23/2007

2009

3/13/2008

3/14/2008

2010

4/2/2009

4/2/2009

2011

n/a

n/a

2012

4/15/2011

n/a

2013

3/29/2012

n/a

2014

3/21/2013

3/23/2013

 

This year offers an important contrast in how each chamber views their respective responsibilities. The current budget under which we’re operating, the Bipartisan Budget Act of 2013 provides for “Authority for fiscal year 2015 budget resolution.” It essentially grants the Budget Committee Chairs Senator Patty Murray and Congressman Paul Ryan, the authority to file in the Congressional Record the spending levels and other budget figures agreed to in the Act, and serves as the FY2015 budget resolution. This should only be a fallback mechanism that diminishes the possibility of a government shutdown by establishing preset appropriations limits. It should not take the place of full consideration of a ten year budget, with the votes and public debates that attend to that process. Very difficult policy choices need to be made to address the nation’s fiscal challenges. Deferring the public debate that needs to be had on those choices will only make the problem worse. The House of Representatives has been willing to undertake this effort for the last 4 years, while the Senate has largely refused.



[1] Heniff Jr., Bill. “Congressional Budget Resolutions: Historical Information,” Congressional Research Service. February 7, 2014

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