What is zero-based budgeting?

Zero-based budgeting has long been endorsed and utilized by Fortune 500 companies and some parts of government. It’s a form of budgeting that forces our leaders to start the budget at Zero, i.e. a blank piece of paper, and justify each expense that truly needs to be added back in, rather than taking an existing, bloated budget and trying to remove items. This will force a new kind of thinking, a more disciplined approach to what we REALLY need to spend our valued tax dollars and ultimately lower costs.  Bob has used this technique with great success – including at UBS Investment Bank where he was able to reduce costs by over $700million in the first year!  That represented a 10% reduction in costs in one year

 

Bob can do the same for Connecticut!