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The federal government could spend close to half its appropriated budget in the final fiscal quarter, which ends Sept. 30.

‘Unprecedented’ Government Spending Spree Picks Up Speed


By —— Bio and Archives--September 18, 2018

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The federal government is primed to spend as much as $300 billion in the final quarter of fiscal 2018 as agencies rush to obligate money appropriated by Congress before Sept. 30 or return it to the Treasury Department.

The spending spree is the product of the omnibus budget agreement signed six months late in March coupled with funding increases of $80 billion for defense and $63 billion for civilian agencies. The shortened time frame left procurement officials scrambling to find ways to spend the money.—More…


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