The “fiscal Responsibility” Trap

After Republicans smashed Democrats in the 2010 midterm elections, taking the House of Representatives after four years in the minority, a chastened Barack Obama used his 2011 State of the Union to reach out to the GOP on what appeared to be the party’s major concern. “We are living with a legacy of deficit spending that began almost a decade ago.

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  • Russell Lynch: Fiscal watchdog barks again, but Government isn’t listening
    Robert Chote’s fiscal watchdog, the Office for Budget Responsibility, needs a new name. When a Government doesn’t appear to be remotely responsible, or care that much about budgets, something more pun...
    07/19/2018 - 12:38 am | View Link
  • UK fiscal watchdog warns on public finances
    In its latest fiscal sustainability report, the Office for Budget Responsibility warned that a rising short-term budget deficit generated by new spending pledges for the health service, and the lack o...
    07/17/2018 - 6:10 am | View Link
  • 'Brexit dividend' for health service a myth, government's official spending watchdog confirms
    And on Tuesday the Office for Budget Responsibility, established in 2010 to provide authoritative and independent fiscal forecasts for the government, confirmed that no Brexit boost for the public fin...
    07/16/2018 - 11:00 pm | View Link
  • Letter to the editor: Where's fiscal responsibility, Norwin?
    Where’s the fiscal responsibility, Norwin? Again. The Norwin School Board showed no backbone in developing a budget and resultant tax increase ( “Norwin School District raises real estate taxes by 3 p...
    07/16/2018 - 6:33 pm | View Link
  • Dpm Targets 'Next Week' On Fiscal Bill
    The deputy prime minister yesterday said he aims to "lay and debate" the Fiscal Responsibility Bill in Parliament next week, conceding that it is critical to the government's "credibility". KP Turnque...
    07/12/2018 - 7:29 am | View Link
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  • Accounting and Reporting » Finance and Accounting ...
    1. Introduction and Contact Information. On July 1, 2004 the University officially began using a proprietary accounting system acquired from PeopleSoft.
    07/19/2018 - 9:47 am | View Website
  • National Commission on Fiscal Responsibility and Reform ...
    The National Commission on Fiscal Responsibility and Reform (often called Simpson-Bowles or Bowles-Simpson from the names of co-chairs Alan Simpson and Erskine Bowles; or NCFRR) is a Presidential Commission created in 2010 by President Barack Obama to identify "policies to improve the fiscal situation in the medium term and to achieve fiscal ...
    07/18/2018 - 8:18 pm | View Website
  • APS 4014
    Outlines fiscal roles and responsibilities of employees by providing clarification and guidance regarding the framework within which financial management occurs.
    07/17/2018 - 11:01 am | View Website
  • California Pension Reform
    California unions, accustomed to getting their way in the Capitol, lost some ground last year when Gov. Jerry Brown pushed through the Legislature a series of public-pension cuts that affect their members.
    07/16/2018 - 8:56 pm | View Website
  • Fiscal Responsibility and Budget Management Act, 2003 ...
    The Fiscal Responsibility and Budget Management Act, 2003 (FRBMA) is an Act of the Parliament of India to institutionalize financial discipline, reduce India's fiscal deficit, improve macroeconomic management and the overall management of the public funds by moving towards a balanced budget and strengthen fiscal prudence.
    07/16/2018 - 7:23 pm | View Website
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