Feds and Fine Dining: $97bn end-of-fiscal year spending on Lobster Tail

Federal companies splurged on lobster tail and different gratuitous frills in only one month in a convoluted plot to keep away from future price range cuts, a brand new report claims. The spending orgy has acquired dozens of 1-star critiques on Twitter.

A jaw-dropping research published by a transparency NGO, OpenTheBooks, discovered that within the final month of fiscal year 2018 (September), the feds forked out an unfathomable $97 billion on necessities reminiscent of sirloin steak, snow crab, lobster tail, golf carts, iPads and after all – lest we overlook – bombs. The last-minute buying spree is a part of a mind-melting scheme by which federal companies spend each final penny they’ve or threat price range cuts sooner or later.

The Pentagon was significantly desirous to benefit from the “use it or lose it” fiscal coverage, shelling out greater than $61 billion over 30 days. More than $20 billion went in the direction of the division’s bread and butter – weapons, ammunition and bombs – however there was loads of money left over for some end-of-the-year treats.

Also, the federal companies spent $9,241 on a Wexford leather-based chair, $2.three million on crab and one other $2.three million on lobster tails in September, based on the watchdog’s report. Government companies allotted a powerful $308,994 for alcohol, presumably in order that some civil servants might wash down their lobster tail with some advantageous spirits.

To put the spending binge in perspective, federal companies spent $53 billion within the remaining week of September – seven carefree days that value greater than the whole month of August.

Taxpayers on Twitter had been thrilled by the information.

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