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Impact of federal budget gimmicks: changes in mandatory program spending

November 4, 2016

Includes "In budgetary parlance, ChIMPS refers to the process of using annual spending bills to limit spending on a mandatory spending program that is otherwise authorized in multi-year or permanent authorizing legislation.  There are two main types of ChIMPS: (1) those that rely on fake "paper savings" to mask increased spending elsewhere in the federal budget and (2) those resulting in meaningful funding cuts with real-world consequences, such as undermining underlying program goals and creating uncertainty and unpredictability. The use of ChIMPS is a symptom of larger problems with the overall U.S. budget process. ..."

Read the full article on: Taxpayers for Common Sense

 
 
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