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Trump should stop "spend it or lose it" actions in government agencies
Posted on 9/18/18 at 11:58 am
Posted on 9/18/18 at 11:58 am
Government agencies lose the portions of their budget they do not spend by September 30--their year end.
It seems this year the amount of spending these agencies are trying to do will be an unprecedented amount.
Trump should intervene and demand they stop.
'Unpreceented Government Spending Spree Picks Up Steam
It seems this year the amount of spending these agencies are trying to do will be an unprecedented amount.
Trump should intervene and demand they stop.
'Unpreceented Government Spending Spree Picks Up Steam
quote:
According to analysts at The Pulse, as of early August, the Defense Department had only obligated $177 billion in contracts of a projected $574 billion in discretionary spending for fiscal 2018. That leaves a lot of money on the table. Last year with less money and operating under spending caps, the Defense Department still spent $111 billion on contract obligations in the final quarter of fiscal 2017.
This post was edited on 9/18/18 at 12:00 pm
16
Posted on 9/18/18 at 11:59 am to I B Freeman
i wish he would institute a 'for every new govt worker you hire you have to let 2 go'
Posted on 9/18/18 at 12:00 pm to I B Freeman
Judging by his deficits, I don't think Trump is worried about overspending
Posted on 9/18/18 at 12:01 pm to I B Freeman
I really want to downvote bc of your tariff obsession. But, I agree with ya here.
oh look! Deadline is approaching and we have 10k to spend or we lose it in next years buget.
New chairs and unnecessary shite for Erbody!
Wasteful wasteful wasteful.
oh look! Deadline is approaching and we have 10k to spend or we lose it in next years buget.
New chairs and unnecessary shite for Erbody!
Wasteful wasteful wasteful.
Posted on 9/18/18 at 12:01 pm to CAD703X
Carly Fiorina said she would implement "zero based budgeting" if elected president. Trump should do the same.
Posted on 9/18/18 at 12:02 pm to I B Freeman
If trump gave 5 cents for every dollar saved as a bonus split amongst the employees of an agency I bet we’d see a big reduction in budgets
Posted on 9/18/18 at 12:05 pm to el Gaucho
You are exactly right. There is no telling how much such a bonus plan would save taxpayers.
Even better---offer them retirement one month earlier for every million they save us. (Have you ever met a government employee that could not tell you the year they were going to retire?)
Even better---offer them retirement one month earlier for every million they save us. (Have you ever met a government employee that could not tell you the year they were going to retire?)
Posted on 9/18/18 at 12:05 pm to I B Freeman
Your state supported colleges do the same thing.
Posted on 9/18/18 at 12:08 pm to I B Freeman
quote:
Government agencies lose the portions of their budget they do not spend by September 30
It is not only that, in many cases their budgets will or could in the past be reduced for the next year as well...
I agree with you, the practice needs to stop but don't penalize an agency that saves a bunch of money one FY by automatically reducing their budget later...
Budgeting has become a joke in government anyway...
Posted on 9/18/18 at 12:14 pm to I B Freeman
That would be excellent. I've had some experience in the public sector and at the end of the fiscal year, there was always a rush to spend all of the money in the budget so that they didn't have their next year's budget cut. New computers for everyone!
Posted on 9/18/18 at 12:19 pm to I B Freeman
quote:We'll never agree on tariffs.
I B Freeman
But we find ourselves in agreement on this one.
Government spending and waste has been out of control for as long as I've been alive. And Carter was president when I entered this world.
Posted on 9/18/18 at 12:20 pm to I B Freeman
quote:Why? Many times, projects that need to move forward are delayed so that management isn't left facing a deficit at the end of the year. Once they determine what their budget allows, they can move forward as needed, and purchase according to set aside requirements.
Trump should stop "spend it or lose it" actions in government agencies
If anything, you should rail about set asides. These are basically a license to overcharge the government.
Posted on 9/18/18 at 12:21 pm to I B Freeman
I always get a good laugh at how some of you think the federal government works.
Federal spending is not done to benefit the nation as a whole and never really has been. For the most part, it is done to benefit the special interests that exist in every Congressional district so that incumbents can win re-election.
If Trump even had the authority to demand underspending (he doesn't, by the way) he'd just piss off Congress on both sides of the aisle. Every Congressman understands it is his job to get as much federal money spent in his district as possible. That's what he gets elected to do.
Edit: By the way, zero-based budgeting has been tried in the federal government before. Carter got it started but it was phased out fairly quickly, it became a nightmare.
Federal spending is not done to benefit the nation as a whole and never really has been. For the most part, it is done to benefit the special interests that exist in every Congressional district so that incumbents can win re-election.
If Trump even had the authority to demand underspending (he doesn't, by the way) he'd just piss off Congress on both sides of the aisle. Every Congressman understands it is his job to get as much federal money spent in his district as possible. That's what he gets elected to do.
Edit: By the way, zero-based budgeting has been tried in the federal government before. Carter got it started but it was phased out fairly quickly, it became a nightmare.
This post was edited on 9/18/18 at 12:23 pm
Posted on 9/18/18 at 12:29 pm to foshizzle
quote:
Federal spending is not done to benefit the nation as a whole and never really has been. For the most part, it is done to benefit the special interests that exist in every Congressional district so that incumbents can win re-election.
this is true
quote:
Edit: By the way, zero-based budgeting has been tried in the federal government before. Carter got it started but it was phased out fairly quickly, it became a nightmare.
We should try again.
Posted on 9/18/18 at 12:36 pm to I B Freeman
I was a contractor for NASA and I can attest that the expiring funds procurements are an absolute joke. The program I managed worked with small businesses to award technically feasible R&D projects. These were highly competitive and vetted by numerous technical reviews...that is until the end of the FY, where they would literally fund anything that was submitted.
Posted on 9/18/18 at 12:38 pm to I B Freeman
I agree completely. The policy should not be based on what you can spend, it should be based on what you need. It is a travesty how bloated the government is.
Posted on 9/18/18 at 12:40 pm to I B Freeman
I completely agree
Posted on 9/18/18 at 12:40 pm to I B Freeman
thank you for a great thread
i agree with you
i agree with you
Posted on 9/18/18 at 12:42 pm to HubbaBubba
I don't think that has anything to do with it. A delayed contract has already been appropriated
Posted on 9/18/18 at 12:48 pm to I B Freeman
quote:
Carly Fiorina said she would implement "zero based budgeting" if elected president. Trump should do the same.
Agree
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