Zero-Based Budgeting…

We need to shift away from baseline budgeting and move towards zero based budgeting. That’s when we (Institutions) (Private & Public) start every year’s budget over from zero instead of unjustifiably raising budgets and cost on everything. And if one is going to raise their budget and cost, one has to show a good reason. In order to do that we would have to be disciplined and focused on balancing budgets. As far as on the federal government level, the problem is our federal government doesn’t have any accountability to do that other than us voting in ethical true fiscal conservatives. In the private sector and even on the state level, we typically tend to balance our budgets on our own, otherwise we would go out of business in the private sector, and on the state level they have state balanced budget provisions

– Michael Vincent –

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