Why Is It So Hard for Congress to Pass Spending Bills (Video)

Since 1977, when the current system for government budgeting went into effect, the US Congress has passed all of its spending bills by the fiscal year deadline only four times. During that period, the government has shut down due to the lack of funding — either fully or partially — at least 20 times.

Video: Why Congress So Rarely Passes Government Funding Bills on Time

In this video, we look at how the current budgeting process is supposed to work and the way it actually plays out most of the time, and try to answer why it‘s so hard for the federal government to fulfill one of its most basic functions: funding itself on time.

Featuring:

• Jack Fitzpatrick, Congress Reporter

TRANSCRIPT

To contact the producer on this story: Tanya Lukyanova in New York at tlukyanova@bloombergindustry.com

To contact the senior producer responsible for this story: Andrew Satter at asatter@bloombergindustry.com; To contact the executive producer responsible for this story: Josh Block at jBlock@bloombergindustry.com