Here, here, and here. Civil servants exhaust their budgets at the end of the fiscal year so they can say they need a bigger budget during the next FY. Is Obama really so stupid that he is surprised by this? Does he believe that only he and Michelle are entitled to squander government money?
When I worked for a government contractor, my boss had his end-of-FY proposals ready well in advance. He understood that the sponsor would spend the leftover money no matter what but preferred to spend it on its mission.
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