Federal Agencies Must Justify All Spending with Zero-Based Budgets.
This legislation mandates that federal agencies submit "zero-based budgets" every six years. This process requires agencies to justify every dollar spent, rather than basing budgets on previous spending levels. The goal is to increase government efficiency and accountability, potentially leading to reduced wasteful spending of taxpayer money.
Key points
Federal agencies must periodically justify all expenditures from scratch (zero-based budgeting).
Agencies must rank programs by importance and consider alternative, cheaper ways to operate.
Most agencies must recommend specific programs for Congress to cut discretionary spending by at least 2%.
Status:
Expired
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