It’s been a tough few weeks for President Obama. The disastrous launch of his controversial health care law, marked by a malfunctioning website, insurance rate hikes and millions of cancelled policies, has even the president’s most ardent admirers questioning his executive ability.
There are smart cuts that Washington can make across the federal government, and sequestration proved it. Why? Because when the White House and Congress threw up their hands, refused to budget, and accepted the worst case scenario, federal agencies began to adapt and made smarter cuts to help minimize the damage.
“The government worker who spends every last dime will get an equal or greater appropriation the next year, perhaps even a bonus for a job well done. The one who saves for a rainy day or returns money to the Treasury won’t be so lucky. “
…All week, while Congress fought over next year’s budget, federal workers were immersed in a separate frantic drama. They were trying to spend the rest of this year’s budget before it is too late. The reason for their haste is a system set up by Congress that, in many cases, requires agencies to spend all their allotted funds by Sept. 30. If they don’t, the money becomes worthless to them on Oct. 1. And — even worse — if they fail to spend the money now, Congress could dock their funding in future years. The incentive, as always, is to spend.
Bankrupting America, a project of Public Notice, has launched a television ad titled “Addicted,” highlighting the irresponsibility of increasing the debt ceiling without meaningful reforms and spending cuts.
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