PP 650 Public Policy Analysis Unit Eight Seminar Dr

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Presentation transcript:

PP 650 Public Policy Analysis Unit Eight Seminar Dr PP 650 Public Policy Analysis Unit Eight Seminar Dr. Bruce Bordner Kaplan University

PP 650: Public Policy Analysis. Welcome to the Unit Eight Seminar! This Week’s Assignments: • Read Chapters 13 and 16 in the Textbook (Weimer and Vining). • Read Appendix C in the Practical Guide to Policy Analysis. • Read the additional assigned readings and lecture notes. • Post to the Unit Eight Discussion (20 points). • Attend the Unit Eight Seminar (10 points).

PP 650: Public Policy Analysis. Unit Eight Outcomes: • Distinguish government financing, transfer payments, or transferring financial resources from the actual provision of goods and services in solving market failure. The private market may still be used to achieve the social goal or public purpose. (Reconsider the HUD Residential Housing Programs as an example.) • The role of Public-Private Partnerships • How do we evaluate production, bargaining, and opportunism costs on deciding whether goods and services should be provided directly or indirectly by the government • How is cost benefit analysis defined and used in assessing policy initiatives, proposals, and programs in terms of efficiency criteria? • Compare and contrast efficient and inefficient markets using cost benefit analysis and incorporating the factors of opportunity costs, uncertainty, risk, time preference, and present value.

PP 650: Public Policy Analysis. Unit Eight Seminar: • Characteristics of the Federal Budget: executive budgets, Line Items, and an annual budget. • The Budget Cycle: Parameters, Agency requests, executive review, Congressional action, Budget execution, and Budget Control. • Problems in the Budget Process: Deficits and Uncontrollable Expenditures. • Appropriations, Earmarks, Intergovernmental budget control, Outcomes, and Incrementalism. • Balanced Budget amendment. • Line Item Veto. • Budgeting reform and Decrementalism.

PP 650: Public Policy Analysis. Budgeting as a Political Process. The Office of Management and Budget: • Bureau of the Budget, and the Budget and Accounting Act of 1921. • The Brownlow Committee. • Creation of the Office of Management and Budget (OMB). Congress: • Federal Budget Resolution. • House and Senate: Authorizations and Appropriations. • Conference Committees to work out Differences.

PP 650: Public Policy Analysis. Sources of Revenue and Types of Expenditures: Revenue: • Individual Income Taxes. • Social Insurance Taxes. • Corporate Income Taxes. • Borrowed Monies. Expenditures: • Discretionary Expenditures. • Mandatory (Entitlement) Expenditures. • Interest on the National Debt. Government Expenditures, Transfer Payments, and Line Items.

PP 650: Public Policy Analysis. The Budgetary Cycles generally consist of Four Phases: (1) Preparation and Submission. • Establish Budget Parameters and Guidelines. • Agency Budget Requests. • Executive Review of Agency Budget Requests. • Creation and Submission of Executive Budget. (2) Approval. • Approval of proposed budget by legislative body. (3) Execution. • Annual and Biennial Budgets. • October 1st is the beginning of the federal fiscal year. • Impoundment. (4) Audit and Evaluation (Budget Control). • Government Accountability Office.

PP 650: Public Policy Analysis. Deficits and Uncontrollable Expenditures. Earmarks. Intergovernmental Budgetary Controls. Outcomes and Impacts. Incrementalism. Reforms: • Balanced Budget Amendment. • Line Item Veto. • Decrementalism.

PP 650: Public Policy Analysis. Some questions: • Should the federal budget be balanced? • Why is it so hard to balance the federal budget? • What role should public administrators play in making budgets, cutting budgets, and dealing with deficits?