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Cato Podcast

From Federal Spending Spree to Congressional Lame Duck

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 7 December 2022

⏱️ 16 minutes

🧾️ Download transcript

Summary

Congress loves to avoid accountability. Our current and most recent former presidents have both presided over unprecedented spending. To make matters worse, the flashpoint of accountability elections provide is two years or more away. Jonathan Bydlak of the R Street Institute says this is the time when we should expect to see lawmakers at their least accountable as many (but not all) traditional opponents of profligate spending have shifted focus more immediate culture war fights.

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Transcript

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0:00.0

This is the Cato Daily Podcast for Wednesday, December 7th,

0:05.9

2022. I'm Caleb Brown.

0:08.2

Lane Duck, Congresses are a regular source of mischief.

0:11.7

It's the longest possible time before another election and

0:14.7

many of your colleagues votes could be easier to get after they, well you know, lost.

0:19.7

Jonathan Bidlack of the R Street Institute details this lame duck session that's coming at the

0:24.0

end of a stunning spending streak by the President.

0:27.4

Based on where we are in a calendar, particularly an electoral calendar, we can have reasonable expectations about how Congress is going to behave.

0:38.0

So we just had an election. The new Congress has not taken office yet and that there's this window. The

0:47.2

lame duck period. What do we typically see with regard to spending during a lame duck period.

0:55.0

Well, let me answer it this way.

0:57.0

I mean, what do you think we're likely to see when we have a bunch of elected officials who just took office or were reelected and they don't

1:06.9

have two years until minimum until their next election. You know you environment where there's a complete lack of accountability.

1:16.6

You are the furthest away from the next flashpoint of accountability or next election.

1:21.2

And so that moment in time is the opportunity to do things that if you

1:26.2

want to think positively, maybe where there's the political will to otherwise

1:31.7

wouldn't be there, but it's also the opportunity to do things

1:35.1

that there might not be, might not actually go and be approved by your constituencies.

1:41.4

And so historically, the lame duck period while we like to talk

1:45.1

about it sort of making it easier to do some of the good things tends to be the time

1:49.6

that it's also the easiest to do a lot of the bad things and so it tends to be that time when we

1:54.3

when we end up going and seeing the biggest of the big spending bills coming down the

...

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