The IGM Economic Experts Panel overwhelmingly opposes a constitutional strict balanced budget amendment.

This panel features Senior Fellow John Cochrane, Robert Wesson Fellow in Scientific Philosophy and Public Policy Henry Miller, and Research Fellow Adam White in discussion of “The Need for Regulatory Reform.” Research Fellow David Henderson moderates the conversation.

Peter Berkowitz, the Tad and Dianne Taube Senior Fellow at Hoover, speaks on “Restoring Prosperity: Contemporary and Historical Perspectives.”

Contrary to Article I of the U.S. Constitution, which vests all legislative power in the Congress, federal agencies can expand their jurisdiction by forcefully pushing policy initiatives into regulatory regimes for which they were never intended.