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Question about the budget
Posted on 3/16/17 at 8:22 pm
Posted on 3/16/17 at 8:22 pm
And the mentality of the people now running the executive branch.
Even if they do not give trump all the cuts he wants that does not mean they have to spend the money a located to them by the congress.
If they are able to do more with less and not spend the money allocated, where does it go if it is not spent?
Even if they do not give trump all the cuts he wants that does not mean they have to spend the money a located to them by the congress.
If they are able to do more with less and not spend the money allocated, where does it go if it is not spent?
6
Posted on 3/16/17 at 8:29 pm to Zahrim
quote:
where does it go if it is not spent?
Has never happened in my 50+ years.
Theoretically, that part (department, office, etc.) of the budget would be reduced to the actual spending level they used. Their actual spending would be their maximum for the next year. The excess, again theory only, would return to the Treasury.
What actually happens is massive waste. The more saved up for end of fiscal year the bigger the blowout. Some "educational/training convention" or something. There are whole industries relying on this FedGov excess end of fiscal year spend-a-thon stuff.
Posted on 3/16/17 at 8:46 pm to Sidicous
That said, if these departments are now being rUn by supposidly fiscally conservative businessmen we could see your the theoretical played out as a practical?
Wouldn't that be awesome to see?
Wouldn't that be awesome to see?
Posted on 3/16/17 at 9:04 pm to BigJim
quote:
It's called impoundment and Nixon was the last one to do it. Was ruled unconstitutional since Congress sets the budget.
Yes a cabinet member can come in under budget, but the president cannot thwart the will of congress.
Actually he was talking about the department/office/etc. not spending what was allocated by the Congress, not the POTUS witholding it from an entity. (which you would be right about)
The whole budget process is new to him is what I gather. Wikipedia link
Basically:
1) POTUS submits proposal/request
2) BOTH the House and Senate review, change, amend (resolution process)
3) Congress allocates and/or authorizes use of the actual funds
Congress controls the actual budgetary purse, POTUS basically makes suggestions.
This is one way that Congress can make or end things happening around a Presidents conflicting desires. Like defunding the Viet Nam War.
Posted on 3/16/17 at 9:14 pm to Zahrim
quote:Good question, but I wouldn't be surprised if it's never happened so maybe nobody actually knows without looking it up.
If they are able to do more with less and not spend the money allocated, where does it go if it is not spent?
But I may be wrong, but I think the problem with the government budgeting, is you're almost forced to use it all because you don't get to save it for a rainy day. On top of that your future budgets are then lessened even if you do need it and especially since you can't save it.
But maybe I'm wrong, but it just seems government does everything in its power to not be efficient, even when they want to be.
Posted on 3/16/17 at 9:32 pm to Zahrim
Does everyone realize that the last time congress passed a budget was when they passed the 2009 trillion dollar (actually 880 billion) Stimulus?
Posted on 3/16/17 at 9:34 pm to Zahrim
quote:
If they are able to do more with less and not spend the money allocated, where does it go if it is not spent?
It goes to the Land of Make Believe with all the other dreams that don't exist. ;)
In all seriousness though, this doesn't happen because the way the government works is that your next year's budget is based in part of how much of your current budget you spent. If you don't spend it all, the amount you do not spend is deducted from next year's budget (the total of that is then increased by ~6% for your next year's budget see: baseline budgeting).
Posted on 3/16/17 at 9:34 pm to GumboPot
Thanks Obama
Posted on 3/16/17 at 9:35 pm to Sidicous
quote:
Has never happened in my 50+ years.
It's happened during the Clinton years. The Treasury actually had a surplus due to the Gingrich congress and the internet boom.
This post was edited on 3/16/17 at 9:37 pm
Posted on 3/16/17 at 9:39 pm to Zahrim
quote:
If they are able to do more with less and not spend the money allocated, where does it go if it is not spent?
I would love for Trump's appointees to not send those dollars and force congress to take them to court for not spending enough money.
Posted on 3/16/17 at 9:41 pm to buckeye_vol
quote:
Good question, but I wouldn't be surprised if it's never happened so maybe nobody actually knows without looking it up.
Well, all the FedGov "money" (really just accounting numbers, not like it's actual hard cash) is in the possession of the Treasury until it is spent/disbursed/etc.. It would be moved from the General Fund to a specific account, say EPA. Then only the EPA authorized signors can spend it.
Now, let's say EPA had a balance of $1M on 9/30/17 close of business. That $1M would return to the General Fund on 10/1/17.
The reality though is EPA would have a $1M blowout party on 9/29 and 9/30, hookers and blow! On us, the taxpayers.
Posted on 3/16/17 at 9:42 pm to GumboPot
quote:There was no surplus then.
It's happened during the Clinton years. The Treasury actually had a surplus due to the Gingrich congress and the internet boom.
Last one was 1957.
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