(Foundational) Politics, Political Parties, Election Regulations

By Judy Shelton – Entitlement programs have accounted for all the growth in federal spending relative to gross domestic product in the past 60 years, causing the persistent budget deficits during that period. Entitlement expenditures are determined differently from so-called discretionary programs. Spending on the latter programs is set by fixed appropriations of money. Entitlement expenditures aren’t fixed in advance but determined by the program’s level of benefits, its eligibility rules and economic factors. Jurisdiction for entitlement legislation is dispersed among more than a dozen committees in each congressional chamber….In this system, no committee is accountable for total spending. Each committee has a reason to expand its programs and resist attempts to restrain them, but none have an incentive to keep overall spending down. It’s analogous to the classic tragedy of the commons. Read More