Showing 5 ideas for tag "spending control"

Financial Reform

Balance Budget Control

Post a Budget Control position at each of the Federal Appropriation Committees who is responsible for saying, "We have only $2 Trillion Dollars from last years income to obligate toward future years spending". And then as all of the requests are lined up, they ones that passed for approval to be funded, only get funded if the money is there. Why are so many programs passed which cost money, when there is no money there... more »

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Department of Defense

Change Fiscal Year Spending Policies

Being in the military, I have seen the way the fiscal year spending policies currently in place have affected missions, causing us to be unable to purchase items that we need in a timely manner. Yet when it comes to the end of the fiscal year, we rush out to spend money on new flat screen TV's among other things just to insure our budget for next year isnt cut.

From what I have read, MANY other departments have this... more »

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Social Security Administration

Resource Accounting Reform and Expansion

In the office of systems we're required to account for our entire day by reporting to a system called Resource Accounting. It took us all a while, but we're starting to see the benefit of this accounting when it comes to project resourcing and estimating, as well as tracking who is doing work on a given project, and staying within the resource budget. However, we're the only office doing this. The sponsoring components... more »

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Department of Defense

Save $12-32bn a year; eliminate fee & profit on G&A and overhead

Ending the practice of assessing fee against G&A and overhead on DOD contracts would save billions of dollars yearly and eliminate inefficiency in the contracting process.

The DOD would save between 2-4% on the value of all contracts, per year; the savings the government would accrue range from a low of $12bn and could exceed $32bn per year. The associated savings would be between $120 and $320 billion over the next... more »

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Department of the Treasury

Contractor Savings Over Months and years

Issue: Break in service to Agency / due to delay in approval

Background:
There is more than anecdotal evidence that delays of re-upping Task Orders is due to:
- COTR Challenges
- Errors w/ Paperwork Submissions
- Budget Processing
- Agency Confirming need

Solution:
For existing contractors that have contracted with an agency, that are not complete with their support, the approval should be streamlined for additional... more »

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