The Fiscal Equivalent of Chutzpah
The Fiscal Equivalent of Chutzpah
WASHINGTON, May 9, 2016 /PRNewswire-USNewswire/ -- Stan Collender, nationally recognized expert on the federal budget, author of Forbes blog "Capital Gains and Games", and Executive Vice President at Qorvis MSLGROUP sat with Chuck Conconi on this week's episode of Focus Washington. Collender discussed the ins and outs of the budget process and prospects for compromise under the next administration.
As general election season approaches and the country hones in on the two likely nominees for the race, the differences between a Trump budget or a Clinton budget merits discussion. Collender pointed out that, however, that regardless of who will next sit in the Oval Office, the process goes beyond the total authority of the President; Clinton or Trump, the responsibility of passing a budget will still be with a split congress, making the chances of four more years of budget stalemate high.
Collender recently testified in a Senate Budget Committee hearing on just this subject. As he recounted to Chuck, "I told them this process is broken down and it's broken down because you have refused to implement it, so the idea you're holding a hearing now to talk about better ways to implement it is crazy. I called it the fiscal equivalent of chutzpah."
The failure of the budget process reflects the highly partisan nature of politics today. As Collender pointed out, a lack of coherent priorities or decisions by the legislative branch paralyzes the fiscal policy of the nation - and this is a fact that is not likely to change in the coming four years.
To watch the full interview, visit Focus Washington at: http://www.focuswashington.com/2016/05/06/fiscal-equivalent-chutzpah/
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SOURCE Focus Washington
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