Budget Process Reform: Utilizing Performance Information to Produce Better Outcomes
A huge volume of research and real world experience now exists, both in the United States and overseas, on the subject of budget processes and procedures. McTigue’s testimony touches on a number of the initiatives currently in practice to identify options that might be attractive to the House.
What can be said with certainty is that more transparent procedures, a linkage between agency performance and future budget allocations, and a focus on measuring progress against outcome achievements all appear to be goals of these initiatives. It could also be said that there appears to be a cultural shift within these nations toward a greater appreciation of the importance of keeping spending and debt within predetermined parameters that define fiscally responsible behavior.