NO, I am not wrong, I spent over 40 years dealing with govt funding. I know precisely how it works.
No govt money can be spent until the project or program is authorized and the money appropriated for it. congress cannot appropriate money they don't yet have.
each appropriation is identified by a line of accounting which used to be called a zipper sheet. It means that money has been set aside and cannot be used for anything else.
Some programs use multi year funding and require an annual appropriation.
The problem is that since obozo has never allowed a budget to be put in place, he is just spending whatever he wants and ignoring the fiscal rules of the govt.
I see. So your point is that I'm right only by facts and evidence and you are wrong only because Obama is ignoring the rules and getting away with it?
I don't get your point yet. By my measure the government allocated more spending than they had revenue. Or perhaps you can explain to me how congress set aside money that it did not have.
its obvious that you don't get it. There is plenty of money coming to the treasury this month to pay the interest on the debt, income taxes are still being collected, the IRS is not shut down.
more debt is needed to cover new expenditures, not to pay old bills.