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Wait until you see the CFPB’s budget request for this quarter
hotair.com ^ | 1/19/18 | Jazz Shaw

Posted on 01/21/2018 9:04:39 AM PST by TangoLimaSierra

Having observed the workings of federal bureaucracies over a number of years, most of you are aware of how the budget process works for the various departments of the federal government. Everyone scrapes and claws for every penny they can get their hands on and studiously ensures that they spend the entire pot so they can ask for more money next time. This is one of the central premises of The Weed Agency (which you should absolutely read if you didn’t catch it when it first came out). But what happens when somebody breaks that mold?

We’re about to find out. Mick Mulvaney is now in charge of the Consumer Financial Protection Bureau (at least temporarily) and he had to put in his quarterly budget request this month. But unlike everyone else inside the Beltway, he didn’t ask for more money than last quarter. He didn’t ask for the same amount of money. He didn’t even request a modest reduction in the bureau’s budget.

(Excerpt) Read more at hotair.com ...


TOPICS: Government; News/Current Events
KEYWORDS: budget; cfpb; deepakgupta; leandraenglish; mickmulvaney; mulvaney; richardcordray
Mulvaney said that the bureau had enough money on hand to cover its anticipated $145 million in expenses for the quarter, which began Jan. 1, and that he plans to slash the bureau’s reserve fund.
1 posted on 01/21/2018 9:04:40 AM PST by TangoLimaSierra
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To: TangoLimaSierra
❤️❤️❤️
2 posted on 01/21/2018 9:10:59 AM PST by FrdmLvr
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To: TangoLimaSierra

Nada, zip! Love that Mulvaney! Soooooo smart! Thinks on his feet too!


3 posted on 01/21/2018 9:14:37 AM PST by Lopeover ( The 2016 Election is about allegiance to the United States!)
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To: TangoLimaSierra

At a Quality conference a director from some big city department gave a reengineering presentation. The city (and I don’t remember which) told him they were having budget problems and he’d have to cut his budget by (if I recall) half. He was really bitter about this. But then he gave his presentation. They had hired a reengineering firm and completely reengineered their processes. They eliminated a host of things that had been kept going long after the need for them had disappeared. (Why keep triplicate forms in warehouses for seven years when you can have the customer fill out a screen just once, with no storage costs?) When they were done they were getting rave reviews from their customers, the citizens, and they’d more than met their budget goals.

Then, you had to think back to the beginning of his presentation and remember just how angry he was about having to do all this. His objective was never to be efficient or get good customer reviews. It was about maximizing the amount of budget he had to spend.


4 posted on 01/21/2018 9:15:15 AM PST by Gen.Blather
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To: TangoLimaSierra

Thanks to baseline budgeting, Mulvaney will get an increase anyway.


5 posted on 01/21/2018 9:16:02 AM PST by mewzilla
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To: TangoLimaSierra

Trying to decide whether Mulvaney or Nunez should be our next prez.


6 posted on 01/21/2018 9:18:10 AM PST by 6ppc (It's torch and pitchfork time)
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To: 6ppc

this is really great to see happening in gummit


7 posted on 01/21/2018 9:47:06 AM PST by thinden
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To: TangoLimaSierra

This is unique in the history of the world!


8 posted on 01/21/2018 9:48:17 AM PST by bigbob (Trust Trump. Trust Sessions. The Great Awakening is at hand...MAGA!)
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To: TangoLimaSierra

If they just kept the booty extorted from working stiffs trying to make a living, instead of turning it over to lefty PACs, they might be able to support themselves.
Close `em down!


9 posted on 01/21/2018 9:51:41 AM PST by tumblindice (America's founding fathers: all white armed conservatives)
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To: TangoLimaSierra
Just another agency whose purpose is to provide large salaries to Democrat voters/supporters and transfer tax dollars to other Democrat organizations/groups.

Shut it down!!

10 posted on 01/21/2018 10:46:49 AM PST by blam
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To: TangoLimaSierra

“”This letter is to inform you that for the Second Quarter of Fiscal Year 2018, the Bureau is requesting $0”

the EPA, Dept. of Ed., Dept. of Labor, OSHA, Civil Right Commission, and HUD all need to do the same thing ...


11 posted on 01/21/2018 3:43:13 PM PST by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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