Happy Fiscal New Year

Happy Fiscal New Year

“May old encumbrance be forgot, and never brought to mind . . . .”
– Singer and retired Federal employee Joe Hickerson.

WASHINGTON, DC, October 1 — While some District of Columbia residents celebrate the merciful end of the Nationals’ baseball season, Federal employees throughout the Washington region and across the country observe their traditional holiday, the Fiscal New Year. Fiscal 2010 ended at midnight last night; today is the start of Fiscal Year 2011 (FY 2011 for short).

Fiscal New Year’s Eve in DC is always hectic with shredding, firing, and hiring. Lobbyists pitch in, helping Congressional staffers craft last-minute earmarks to hang from the Continuing Resolution.

The Continuing Resolution is legislation allowing the U.S. government to function despite the inaction of our elected officials.  Perhaps it should be called the “Continuing Irresolution.” This must-pass bill provides funding for a few months, at the same or slightly reduced rates, of the activities of the people who actually work while Congress and the White House posture, bloviate, and seize on petty but symbolic political issues to distract and entertain citizens and the media.

Most importantly, the Continuing Resolution frees those incumbents up for re-election from making real decisions (which always offend somebody) until after the first Tuesday in November. The highlight of the season is the Scowl-and-Sign, when the President signs the Continuing Resolution, well-decorated with earmarks, with ceremonial feigned reluctance.

From Capitol Hill, NotionsCapital wishes a Happy FY 2011 to you and yours.


Related: “Top 10 Fiscal New Year’s Resolutions,” Kristi Keck, CNN.

Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

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