Crab and Lobster Splurge

Toward the end of each fiscal year, federal agencies tend to splurge on outside contractors in a frenzy to run out their budget, lest they come in under and lose the funds for the next year. Of the $544 billion allotted for outside contractors in 2018, for example, almost $97 billion was spent in September, the last month of the fiscal year. The Department of Defense was responsible for almost two-thirds of these last-minute expenditures, with the most newsworthy items being $2.1 million on games and toys, $490 million for furniture, and $4.6 million on crab and lobster tail.