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https://dair.nps.edu/handle/123456789/4033
Title: | Curbing the Surge in Year-End Federal Government Spending: Reforming "Use It or Lose It" Rules |
Authors: | Jason J. Fichtner Robert Greene |
Keywords: | Budget Federal Budget Budget Reform Year End Spending Use It or Lose It Accountability Financial Resources Federal Procurement Data System (FPDS) General Accounting Office (GAO) General Services Administration (GSA) US Census Bureau Department of State State Department Inspector General Department of Energy Carry-Over Authority Department of Justice Reprogramming |
Issue Date: | 1-Dec-2014 |
Publisher: | Mercatus Center |
Citation: | Unlimited Distribution |
Series/Report no.: | Budget SEC809-RSC-14-0033 |
Abstract: | The "use it or lose it" phenomenon refers to the propensity of US government agencies to spend unused financial resources toward the end of the fiscal year out of fear that leftover resources will be returned to the Department of the Treasury, and will prompt future congressional budget cuts for the agency. While anecdotes and media stories of year-end spending surges are widespread, empirical support for year-end spending surges or the motivation behind them is significantly less available. The budget and spending literature has examined the efficacy of policy solutions designed to curb year-end spending surges, but these studies have often been done without empirical evidence. In this paper, we examine existing literature on the prevalence, consequences, wastefulness, and causes of year-end spending surges. We then report executive departments' year-end obligated federal contract expenditure patterns using data obtained from USASpending.gov. We review literature on purported solutions to curb year-end spending surges, and conclude with a policy recommendation of our own. |
URI: | https://dair.nps.edu/handle/123456789/4033 |
Appears in Collections: | Section 809 Panel: Reports, Recommendations & Resource Library |
Files in This Item:
File | Size | Format | |
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SEC809-RSC-14-0033.pdf | 540.55 kB | Adobe PDF | View/Open |
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