« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

As Congress fights over the budget, agencies go on their ‘use it or lose it’ shopping sprees 

By: ribit in FFFT | Recommend this post (1)
Sun, 29 Sep 13 8:38 PM | 81 view(s)
Boardmark this board | Food For Further Thought
Msg. 56361 of 65535
Jump:
Jump to board:
Jump to msg. #

As Congress fights over the budget, agencies go on their ‘use it or lose it’ shopping sprees

The reason for their haste is a system set up by Congress that, in many cases, requires agencies to spend all their allotted funds by Sept. 30.

If they don’t, the money becomes worthless to them on Oct. 1. And — even worse — if they fail to spend the money now, Congress could dock their funding in future years. The incentive, as always, is to spend.


http://www.washingtonpost.com/politics/as-congress-fights-over-the-budget-agencies-go-on-their-use-it-or-lose-it-shopping-sprees/2013/09/28/b8eef3cc-254c-11e3-b3e9-d97fb087acd6_story.html

...gee, what a great plan! What could go wrong with that???




Avatar

Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


- - - - -
View Replies (1) »



» You can also:
« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next