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/

About MSLGROUP

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Publicis Groupe [Euronext Paris FR0000130577, CAC 40] is a global leader in marketing, communication, and business transformation. In a world marked by increased convergence and consumer empowerment, Publicis Groupe offers a full range of services and skills: digital, technology & consulting with Publicis.Sapient (SapientNitro, Sapient Global Markets, Sapient Government Services, Razorfish Global, DigitasLBi, Rosetta) - the world's largest most forward-thinking digitally centered platform focused exclusively on digital transformation in an always-on world - as well as creative networks such as BBH, Leo Burnett, Publicis Worldwide, Saatchi & Saatchi, public affairs, corporate communications and events with MSLGROUP, ad tech solutions with VivaKi, media strategy, planning and buying through Starcom MediaVest Group and ZenithOptimedia, healthcare communications, with Publicis Healthcare Communications Group (PHCG), and finally, brand asset production with Prodigious. Present in 108 countries, the Groupe employs more than 76,000 professionals.

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SOURCE Focus Washington

Focus Washington

CONTACT: Shannon Quinn, shannon.quinn@mslgroup.com, 202-683-3160


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