EconPapers    
Economics at your fingertips  
 

Implications of the Balanced Budget Act of 1997 for the “Devolution Revolution”

Robert Tannenwald

Publius: The Journal of Federalism, vol. 28, issue 1, 23-48

Abstract: From an economist's perspective, the fiscal and administrative goals of the so-called “devolution revolution” include less federal intergovernmental aid, especially if fiscally equalizing; the substitution of block grants for matching grants; greater administrative flexibility for the states; and fewer underfunded mandates. This article uses these devolulionary yardsticks to analyze the major provisions of the federal Balanced Budget Act of 1997. These provisions fall far short of a “devolution revolution.” The act increases the level of federal assistance, leaves Medicaid as an open-ended entitlement, and preserves a strong role for the federal government in shaping intergovernmental grants. The article discusses the political forces moderating the act's devolutionary impact. Copyright , Oxford University Press.

References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/ (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:publus:v:28:y::i:1:p:23-48

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Publius: The Journal of Federalism is currently edited by Paul Nolette and Philip Rocco

More articles in Publius: The Journal of Federalism from CSF Associates Inc. Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2025-03-19
Handle: RePEc:oup:publus:v:28:y::i:1:p:23-48