Contents

pp v-vi

Preface

pp vii-x

Contributors

pp xi-xiv

PART ONE - THE LAW AND POLITICS OF FISCAL POLICY

pp 1-3

1 - The Congressional Budget Process

pp 4-38

2 - Budget Gimmicks

pp 39-67

3 - Transparency in the U.S. Budget Process

pp 68-102

4 - European Experiences with Fiscal Rules and Institutions

pp 103-129

Part One Bibliography

pp 130-138

PART TWO - UNDERSTANDING FEDERAL DEFICITS AND PUBLIC DEBT

pp 139-140

5 - Economic Perspectives on Federal Deficits and Debt

pp 141-184

6 - Counting the Ways: The Structure of Federal Spending

pp 185-220

7 - Starving the Beast: The Political Psychology of Budget Deficits

pp 221-241

Part Two Bibliography

pp 242-248

PART THREE - BUDGETING AND FISCAL CONSTRAINTS AT THE STATE LEVEL

pp 249-250

8 - Budgetary Arrangements in the 50 States: In Search of Model Practices

pp 251-270

9 - The Calculus of Constraint: A Critical Review of State Fiscal Institutions

pp 271-289

10 - When Does the Ballot Box Limit the Budget? Politics and Spending Limits in California, Colorado, Utah, and Washington

pp 290-321

Part Three Bibliography

pp 322-328

PART FOUR - INTERGOVERNMENTAL ASPECTS OF BUDGET POLICY

pp 329-330

11 - Dysfunctional or Optimal Institutions? State Debt Limitations, the Structure of State and Local Governments, and the Finance of American Infrastructure

pp 331-365

12 - Federal–State Budgetary Interactions

pp 366-395

Part Four Bibliography

pp 396-398

PART FIVE - JUDICIAL POWERS AND BUDGET POLICY

pp 399-400

13 - New Property, Entrenchment, and the Fiscal Constitution

pp 401-417

14 - Courts, Constitutions, and Public Finance: Some Recent Experiences from the States

pp 418-445

Part Five Bibliography

pp 446-450

Index

pp 451-455