End "spend or lose" budgets - Save BILLIONS
Every end of the fiscal year, federal agencies rush to spend any leftover money to ensure they at least have the same budget the next year. Basically, there is a strong incentive to spend as much money as possible, resulting in terribly wasteful spending. I propose several measures be implemented to incentivize saving budget money: 1. Make sure that any established ceiling is not lowered simply due to a lack of spending. ...more »