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The 1990 Budget Summit Agreement

by Third Way

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The Budget Summit Agreement was negotiated by five Congressional leaders and three White House officials on the brink of a fiscal cliff in 1990. The deal set targets and proposed policies for deficit reduction across the federal budget, and it included a memorandum of understanding between leaders, which laid out a political roadmap for the deal’s passage (see pp. 42-44). Please also see It Can Be Done: Five Lessons from the 1990 Budget Summit Agreement.

This publication was reprinted with permission from the Robert J. Dole Institute of Politics Archive at the University of Kansas. Images are copyrighted by the Robert J. Dole Institute of Politics Archive and may not be copied by others for any purpose, including publication on other web sites.

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