Pelosi Promises Key Budget Process Reforms
by Dana Chasin, 12/15/2006
In a press conference yesterday, incoming House Speak Nancy Pelosi re-affirmed her commitment to key budget process reforms long-supported by OMB Watch. Among the "First 100 Hours" rules package will be the following reforms:
- EARMARKS: mandatory disclosure of all earmarks and the requirement that members certify that spouses do not directly benefit from the added project
- DEFICIT DISCIPLINE: budget Reconciliations will not be considered if they reduce the budget surplus or increase the deficit
- PAYGO: re-instatement of pay-as-you-go budget rules, requiring that new tax cuts or entitlement spending be offset with corresponding spending cuts
