Capital Budget to Plan for Long Term
About the Problem
Federal debt held by the public will exceed 100% of GDP by 2039.
The federal government has a problem not only with how much money it spends but how the money is spent. Unlike most businesses and many state governments, the federal government essentially treats all spending the same, despite the fact that some kinds of spending (e.g. infrastructure) deliver significant economic return and should therefore be accounted for differently.
About the Policy
The federal government budget should be separated into two parts: a capital budget for long-term investments such as research and infrastructure and an operating budget for annual expenses.
Polling data derived from three national surveys conducted by Cohen Research Group in February and March 2016. Each survey had a sample size of at least 1,000 registered voters with a margin of error of +/- 3.1%
Tell us what you think
Do you support this idea? Or do you think there's a better solution? We want to hear from you.