Showing 1 ideas for tag "use-it-or-lose-it"

Government Accountability Office

Rollover Budgeting: Ensuring Essential Spending Without Waste

Community Member kudos icon + Community member
I was first introduced to the reality of "use it or lose it" spending in the first year I began my government service as an enlisted U.S. Marine in 1993. This first experience involved being handed a government credit card, an internal SERVMART account, and was then directed to go to the self-service store to spend every last dollar remaining in the account on whatever was available, which was approximately $2,500.... more »