Thank you.
Within the report, paragraph 9.48 states:
We found that in the first 3 years of the plan, federal organizations consistently spent less than they had initially planned. This led to funding reallocations that increased expected spending levels for later years.... As a result, for Phase 1, Phase 2, and legacy programs, approximately $9 billion was moved to later years, representing 20% of initially planned spending.
It also lays out how, in the fourth year of the plan, “$3 billion of Phase 1 and Phase 2...was not spent as planned and would have to be reallocated to future years.”
It has been a critique of this plan that it is being used for big funding announcements, which are great for playing politics but don't mean anything if the money isn't actually being spent and the programs aren't completed. Aside from important projects being delayed, what risk does loading this funding pose?
Through you Madam Chair, to Ms. Gillis, is there a risk that this funding lapses or just doesn't get invested?