Bad Idea: The “Use-It-Or-Lose-It” Law for DOD Spending : Center for a New American Security , December 15, , 2020
December 15, 2020
Center for a New American Security
From the report: “Year-end spending sprees. Increased violations of federal financial laws. Bad press for the Department of Defense (DOD). All these unfortunate events stem in part from a law requiring that DOD’s operating funds be spent in the year they are appropriated. Congress can significantly improve the effectiveness of defense spending by changing this “use it or lose it” law.