Exploring The Baseline-Budgeting Myth
(Victor Joecks/NPRI) – At the federal level, the greatest challenge facing believers in limited government is a practice called baseline budgeting. (For a short and humorous example of baseline budgeting, watch this video.) In zero-based budgeting (aka real-life budgeting), you compare how much you spent last year to how much you plan...
N&V Staff August 10, 2011