Congressional Trends to Tax and Spend: Examining Fiscal Voting Across Time and Chamber
Public Economics from University Library of Munich, Germany
This paper examines congressional spending preferences over time by party and chamber. The data employed is the annual vote index compiled by the National Taxpayers Union for 1979-2002. NTU scores are presented with and without adjusting for interchamber and intertemporal movements of the policy space over which the scores are calculated. Results indicate that the parties and chambers are much more stable over time, and exhibit a slighter liberal trend, with adjustments for movements in the policy space. In addition, during fiscal milestones the adjusted scores indicate less pronounced changes in spending preferences than the unadjusted data do.
Keywords: fiscal policy; legislator voting; ideal point estimation (search for similar items in EconPapers)
JEL-codes: D6 D7 H (search for similar items in EconPapers)
Pages: 13 pages
New Economics Papers: this item is included in nep-cdm, nep-pbe and nep-pol
Note: Type of Document - pdf; pages: 13. First draft. Replacement file likely to be uploaded as changes are made during referee process.
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwppe:0512005
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