Colloquial. Mid-level management speak to descibe the lengthy and painfull process of winnowing first draft pie-in-the-sky budget submissions down to realistic numbers.
Seasonal. Typically occurs during the last quarter of a company's financial calendar.
Seasonal. Typically occurs during the last quarter of a company's financial calendar.
by jstuart January 4, 2006
Get the bludgetting mug.When you have 20% or less battery power on your cell phone, and you budget your usage time between phone calls, texts or games.
by chicken hawk 103 December 23, 2010
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by The Galavanters February 26, 2010
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by 4n6 science October 22, 2007
Get the bludgeoning mug.The complete bullshit accounting practice of using ever-increasing spending and revenues as the starting point. This assumes that the private sector of an economy will grow at a steady pace regardless of government's interference by way of more regulations and removing the incentives to produce. Also allows political parties to cry over "cuts" which are in reality projecting spending increases below their current baseline.
John Boner announced $1T in cuts over ten years using baseline budgeting, but the actual numbers show steady increases in Federal Spending.
by Joe666_69 July 28, 2011
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