Strike While the Fed Dollars are Hot
How to cash in on the government’s end-of-fiscal-year spending frenzy
● Their spending represents more than 25 percent of the gross domestic product (GDP).
● Including health care as institutional spending and a part of government spending, total government spending is more than 300 percent of the GDP, according to the institutional list compiling firm MCH Inc.
● In FY 2006, government spending on the SmartPay card, the credit card federal government reps use for purchases, topped $17 billion on more than 26 million transactions. It’s expected to hit $18 billion in FY ’08.
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