Lawmakers say the government already has $45 billion in unspent money which could be used to offset the shortfallMaybe they want to make sure it's still there to waste next time around...
"There are pots of money sitting in different departments across the federal government, that have been authorized over either ... a number of months or a number of years," Rep. Tom Price, R-Ga., said.
Fresh legislation would authorize that money, which hasn't yet been spent, to be used elsewhere.
Price introduced that legislation Tuesday along with Sen. Marco Rubio, R-Fla. It would require the director of the White House budget office to rescind funds that haven't yet been obligated.
"Washington's reckless spending culture has produced this situation where hundreds of billions of dollars are borrowed and then left unspent because Congress routinely bites off more than it can chew," Rubio said in a statement.
Wednesday, February 27, 2013
Cash On Hand
There may be some money left over after the Sequester Apocalypse after all: