Last Thursday, Congressman Reid Ribble invited The Concord Coalition to host a panel of experts on Capitol Hill to talk with congressional staffers gearing up for the annual budget process. Despite the ideological differences on the panel, there was a strong consensus that the process is broken and on ways in which it could be improved.
Gridlock has repeatedly brought our nation to the brink of crisis in the past few years. In October, Congress even temporarily shut down the government and brought the country within days of defaulting on at least some of its financial obligations. According to the GAO, a previous standoff over the debt ceiling cost the Treasury $1.3 billion in FY 2011 alone.
“The political process is the problem,” said Ed Lorenzen, a former aide to Democratic leader Rep. Steny Hoyer and now a senior advisor at the Committee for a Responsible Federal Budget. Lorenzen added that lawmakers “are not willing to make tough choices” that are necessary to resolve the country's long-term fiscal challenges.
Gordon Gray, director of fiscal policy at the American Action Forum and a former aide to Republican Sen. Rob Portman, agreed. He said that while some of the talk about the broken process is an attempt by politicians to absolve themselves of...