This happens every year. Departments and agencies make sure to burn whatever money they have for the year so that they can ask for more the next year. Hey, it’s only the taxpayer’s money.
(From The Washington Examiner)
The end of the government’s fiscal year usually brings an orgy of spending as agencies look at their budgets, see extra cash lying around, and figure they’d better use it all up or risk getting cut in the future.
The “use it or lose it” mentality explains why the Defense Department shelled out $9,241 on a Wexford leather chair, $2.3 million on crab and another $2.3 million on lobster tails in September, according to a study released Thursday by OpenTheBooks.