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Department of Defense

Incentive to Spend

I work in contracting and it is very clear to me and everyone I've talked to that there is an incentive to spend all the money given, not save it. It's called End of Fiscal Year Spending. If you don't use it, you lose it. This is a problem with the way the budgets are created and dispersed. Any money that you do not spend, money you save, many times gets taken away from next year's budget. This is what has people... more »

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