Revolving Fund (Fighting Aligators Category)

Fighting the Alligator "Revolving Fund" lead me to finding and alligator inside the alligator which probably should be fought but that is getting to far afield from my primary diversion from the objective of draining the swamp.

TheCapitol.net might be teaching one thing claimed to be non-partisan offered through a government contract, at the expense of government, but what they are they really conveying in the classes???

Hmmmm,,,,  merits some investigation after I drain the swamp.

Google searching on the term "Revolving Fund" I went to a site that provides a description here:

http://hobnobblog.com/2012/02/25/revolving-fund-congressional-glossary/

"A fund established by Congress to finance a cycle of businesslike operations through amounts received by the fund. A revolving fund charges for the sale of products or services and uses the proceeds to finance its spending, usually on a self-sustaining basis. Instead of recording the collections in receipt accounts, the budget records the collections and the outlays of revolving funds in the same account. A revolving fund is a form of permanent appropriation. (See also Account, and “Interagency Contracting: An Overview of Federal Procurement and Appropriations Law,” CRS Report for Congress R40814." 

I think that the definition should be less ambiguous.  I will not try to rewrite it for the purpose of clarity here (although I did start to do that).  With enough repetitive reading to parse out what the definition is trying to say, given that the parser has some degree of prior knowledge of what a revolving fund is in simpler terms, its meaning can be understood.

For a better explanation of a generic revolving fund go to Wikipedia:
http://en.wikipedia.org/wiki/Revolving_fund

If that does not float your boat then continue searching on the term "Revolving Fund" and return when you understand it.

But wait a minute.  Something is fishy about the site that provides this explanation.

Going back to the link at the beginning of this blog entry it has some interesting features.  First there is no explicitly titled website called "CongressionalGlossary.com" Enter it in your browser and you go to this website:
http://hobnobblog.com/congressional-glossary-including-legislative-and-budget-terms/  Note that it is a .com site. 

TheCapital.net (or Capitol.net, either gets you to the same site) is a commercial private business that offers education in how the government works.  Its education services can be purchased on a Government Services Administration (GSA) contract schedule.  TheCapital.net describes itself as follows:  Note well: Non-Partisan! and "We help you understand Washington and Congress.  "Written and taught by current Washington Insiders." Who, am sure, are all non-partisan objective academics??????  What do the "Voted out of Office" politicians and political appointees do during their out of favor times?  Go home to Podunk?  Me thinks that the claimed insiders are really outsiders looking for a temporary job????

Faculty and advisors are here: http://www.thecapitol.net/Faculty/

About TheCapitol.Net Non-partisan training and publications that show how Washington works TM For more than 30 years, TheCapitol.Net and its predecessor, Congressional Quarterly Executive Conferences, have been training professionals from government, military, business, and NGOs on the dynamics and operations of the legislative and executive branches and how to work with them. Our training and publications include congressional operations, legislative and budget process, communication and advocacy, media and public relations, testifying before Congress, research skills, legislative drafting, critical thinking and writing, and more. Our publications and courses, written and taught by current Washington insiders who are all independent subject matter experts, show how Washington works.TM  Our products and services can be found on our web site at www.TheCapitol.Net. TheCapitol.Net is on the GSA Schedule, 874-4, for custom on-site training. GSA Contract GS02F0192X. TheCapitol.Net is a non-partisan firm. Contact Us  ·  DUNS, Tax ID, CAGE  We help you understand Washington and Congress TM This site:  http://hobnobblog.com/ carries the trademark logo of TheCapitol.net It is a .com site so I guess it does not have to be non-partisan?? It does express itself......... Is this non-partisan?? http://hobnobblog.com/2012/03/03/public-debt-congressional-glossary/ If the link at the site disappears this is the Youtube site of the video: https://www.youtube.com/watch?v=Li0no7O9zmE&feature=plcp  (more than a million hits)