Harry343 Wrote:
Aug 29, 2012 9:30 PM
“CBO told House appropriators this week that government spending in 2012 is at a lower rate than anticipated,” reports the Hill, “making it clear that [the] deal on 2013 appropriations will increase spending by $8 billion.” This makes absolutely no sense! Why should they have to spend more in 2013 because they spent less in 2012? Does this reflect a mentality that if the "budget" says a spending level, they just have to spend the amount of money whether they need it or not? So if they didn't spend it in 2012, they now have to spend what they didn't spend in 2012 in 2013? This is insane. No wonder the government is broke and is a fiscal black hole.