Changes

William Beach for the [[Heritage Foundation]] described baseline budgeting this way:

William Beach for the [[Heritage Foundation]] described baseline budgeting this way:

{{cquote|Baseline budgeting, just to kind of define it first before we get into the falsehoods that are based in there, is the building of a projection of spending based on what you are currently doing. So I'm currently building a house. I could -- under baseline budgeting, I could budget the same amount for building that house for each year of the next 10 years. That would be baseline budgeting. People say that's crazy. You build your house one year. That's it, not every year thereafter. What this does is it permanently builds in higher spending.<ref>{{cite web |url=http://www.foxnews.com/transcript/2012/12/12/all-star-panel-will-republicans-bend-fiscal-cliff-negotiations/ |title=All-Star Panel: Will Republicans bend in 'fiscal cliff' negotiations? |work=[[Fox News]] |date=December 12, 2012 }}</ref>}}

{{cquote|Baseline budgeting, just to kind of define it first before we get into the falsehoods that are based in there, is the building of a projection of spending based on what you are currently doing. So I'm currently building a house. I could -- under baseline budgeting, I could budget the same amount for building that house for each year of the next 10 years. That would be baseline budgeting. People say that's crazy. You build your house one year. That's it, not every year thereafter. What this does is it permanently builds in higher spending.<ref>{{cite web |url=https://www.foxnews.com/transcript/2012/12/12/all-star-panel-will-republicans-bend-fiscal-cliff-negotiations/ |title=All-Star Panel: Will Republicans bend in 'fiscal cliff' negotiations? |work=[[Fox News]] |date=December 12, 2012 }}</ref>}}

==History==

==History==