Tips for Dealing with Stagnant, Declining Discretionary Spending
Agency discretionary budgets saw a drop in new money by about 12 percent between 2010 and 2015.
Some agencies such as the departments of Commerce, Housing and Urban Development and Defense faced an even bigger decrease ranging between 15 percent-to-35 percent.
The Congressional Budget Office says the continued drop in new discretionary spending could put it at lowest percentage of the nation’s Gross Domestic Product in 2021 than at any time in the last 50 years.
“The amount of actual reductions or increases in discretionary resources for individual agencies and programs is determined through the annual appropriations process, in which policymakers make choices between competing national priorities,” wrote the Government Accountability Office in a report issued Dec. 20.
From Federal News Radio
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