Hacker News new | ask | show | jobs
by supernova87a 98 days ago
You know that it was basically sold to be able to claim a more responsible budget that year? Basically selling off of an asset to record higher revenue. Like selling your building fire extinguishers to claim that you were able to pay off your credit card bill, and who cares what those were originally meant for.
2 comments

Government accounting operation on a strictly annual basis is ruinous.
It’s not, but the 10-year projections are even worse, because they count on eternally ‘temporary’ things actually changing.
Pay of the credit card bill?

You mean pay the interests on it.