Word: rivlin
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Dates: during 1970-1979
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...with spending and revenue estimates prepared by the Office of Management and Budget and the Council of Economic Advisers-in all, an apparatus of some 700 people. This year the imbalance has been lessened by the new Congressional Budget Office and its articulate, politically liberal director, Economist Alice Mitchell Rivlin...
...part of the new budgetary process under which Congress votes spending and deficit ceilings rather than passing appropriations bills in disorderly bits and pieces. Rivlin's job is to systematically analyze the probable effects of various choices on the economy. As she puts it, "Congress has always had a lot of power over the budget, but it was not organized to think 'Is that really what we want...
...Rivlin operates out of cramped quarters on the ground floor of the former Carroll Arms Hotel; her desk occupies the spot where a bar once catered to thirsty Senators. She has spent most of her three months on the job assembling a staff of 200, including some top economists. They will be kept busy in the next few months. A typical task will come this summer, when Congress, in a move to combat unemployment, will decide whether to spend more on public works or simply send more revenue-sharing funds to state and local governments, or combinations of both. Rivlin...
...this month, the CBO staff will produce budget estimates and an economic forecast for 1976. In the fall, using tallies and economic models prepared at Rivlin's behest by Chase Econometrics, Data Resources Inc. and the Wharton School, Congress will add up what it has actually appropriated in voting on separate bills and act to bring the total under the agreed-upon deficit ceiling...
...that they are followed, candidly confessed that he does not know whether his committee "will work or not." He explained, "I am not certain that the Congress, as big as it is, is capable of forming a continued consensus on the budget without help from the Executive." Alice Rivlin, director of the Congressional Budget Office, pleaded that no one should be surprised when Congress fails to reach instant agreement on something as complex as the budget but praised the reform for forcing legislators to face, rather than evade, the tough money questions. She criticized, however, the "undercurrent of unnecessary hostility...