As you know, this is not new, we have been following with great interest the news of the Youtube channel Bloomberg Television for quite some time now because we know that its content is particularly appreciated by our community. That's why we're telling you about it today, because this new video might pique your interest.
To watch the video Why Congress So Rarely Passes Government Funding Bills on Time that was posted today by the Youtube channel Bloomberg Television, click on the video just above. You will then be able to discover it in streaming for free directly on our site!
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For your information, you can find below the description of the video Why Congress So Rarely Passes Government Funding Bills on Time published by the Youtube channel Bloomberg Television:
Since 1977, when the current system for government budgeting went into effect, the US Congress has passed all of its spending bills by the fiscal year deadline only four times. During that period, the government has shut down due to the lack of funding either fully or partially at least 20 times.
In this video, we look at how the current budgeting process is supposed to work and the way it actually plays out most of the time, and try to answer why it's so hard for the federal government to fulfill one of its most basic functions: funding itself on time.
(producer: Tanya Lukyanova; senior producer: Andrew Satter; executive producer: Josh Block)
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