Showing 2 ideas for tag "end of year splurges"

Department of Defense

End "spend or lose" budgets - Save BILLIONS

Community Member kudos icon + Community member
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 »

Voting

285 likes
Active

Department of Defense

Eliminate end of contract spend down

Community Member kudos icon + Community member
Ways to encourage saving money from being spent at end of contract or end of fiscal year:
1. Allow for contract extensions based on funds remaining. This will encourage the funds to be used as intended rather than wasted uselessly.
2. Financial incentives for funds saved at end of contract. Similar to bonus policies in some private corporations: pay out a percentage of the money saved (with a reasonable cap) to all employees... more »

Voting

7 likes
Active