Good afternoon - 

Our country’s national debt is about to hit $20 trillion, and every Iowan is shouldering more than $61,000 of that burden. This reckless spending is simply out-of-control, which is why I am committed to finding ways to cut the pork out of Washington's budget. Each month, I give out the Squeal Award to highlight areas of federal government wastefraud, and abuse that must be cut. 

Squeal Award: Bonuses for Cost-Cutters Act of 2017

With so many federal agencies, wasteful spending often flies under the radar and goes undetected. It seems as though wasteful spending is almost encouraged with “use it or lose it” policies that incentivize agencies to spend any leftover money in their budgets by the end of the fiscal year to ensure their agency doesn’t see a decrease in the money allocated to them by Congress. This irresponsible way of thinking has resulted in end-of-the-year spending that is almost five times higher than the rest of the year's weekly average.

Egregiously, one study finds that as the fiscal year comes to a close, the federal government offices in the Eastern Time Zone shifts its unspent funds to the Pacific Time Zone in order to gain three extra hours of last minute spending!

With that in mind, I supported the bipartisan Bonuses for Cost-Cutters Act along with a group of my colleagues last year. This legislation incentivizes federal employees if they report and help identify unneeded or surplus funds within their agency. Once reported, the bill ensures that 90 percent of the unused funds be returned to the Treasury to reduce our deficit or debt.

It is imperative we act now to reduce the costly burdens being placed on all Americans – and future generations. With that in mind, I am proud to present the Squeal Award to the current “use it or lose it” spending mentality in federal agencies. And, I am hopeful that the new administration will work with us to implement these cost-saving procedures. 

Do you have an example of government waste or inefficiencies that I should take a look at? Send me an email by clicking here.

Thank you!