The Hill - Senators' Budget fix: Make it Last Two Years

News Article

Date: Jan. 13, 2015

By Rebecca Shabad

Senators from both sides of the aisle are renewing a push to reform the budgeting process by putting it on a two-year schedule.

Sens. Jeanne Shaheen (D-N.H.) and Johnny Isakson (R-Ga.) on Tuesday reintroduced the Biennial Budgeting and Appropriations Act, which would extend the fiscal years for the government from 12 months to 24 months.

"I have pushed biennial budgeting every year I've been in the Senate since 2005, because this new system would increase oversight and reduce spending, making our federal government more efficient and more accountable to taxpayers," Isakson said.

If enacted, the bill would require the president to submit a two-year budget request at the beginning of a new Congress rather than one that only covers a single fiscal year. Congress would then have to adopt a two-year budget resolution, a reconciliation bill if instructed and appropriations bills that fund the government for two years.


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