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Originally Posted by Guest
The corporation I worked for utilized zero base budgeting and it worked very well. Our industry was heavily regulated and so we had to be accurate or be penalized.
We kept a close watch on budgets. All budgeted items ,personnel, equipment, compensation, benefits salary increases, promotions ,etc had to be accompanied with a written rationale to validate need/ merit. We did an in depth retrospective review every August followed by a projection through year end.
There is so much redundacy in the congressional budgets that they could skip a budget year and no one would notice. In addition there are so many obsolete and forgotten programs that continued to be funded that I'd wager if a cracker jack CPA was hired just to route them out s/he would have a lifetime job and probably reduce this nations expenses by 25% a year.
Congress is dealing with other peoples money so they could care less. Also they live in a self contained world and have no idea of the real problems everyday Americans face. The political class is today's aristocracy and when it comes to taxpayers, "let them eat cake"
Personal Best Regards:
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Once again, you're clueless and just writing (with the hope that someone will believe you)...just to be writing something.
Do you even have a clue as to the definition of 'discretionary spending'...or what percentage of the budget it comprises?
Here, let me TRY and educate you.
US Federal Budget FY17 Estimated Spending Breakdown - Pie Chart
Now tell us, how do you get to that 25% you just bragged (actually lied) about?
And for once, try to provide links to prove your statement...
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Originally Posted by RubiTheCon
"There is so much redundacy"....."and so many obsolete and forgotten programs that continued to be funded"
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C'mon, don't be shy...go ahead and prove it.
