WasteOfTheDay: Trillions Wasted Due to Year-End Spending Spree

Every year, federal agencies see the end of the fiscal year coming and embark on a spending spree to use the last of their congressionally-allocated funding.

While they have no real reason to spend the money, they do so in fear that leaving part of their budget unspent will mean less money from Congress next year.

OpentheBooks.com

 

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