The Water Quality Investment Act of 2009 would authorize $18.7 billion through 2014 to clean up water pollution. Reuters reports that the Congressional Budget Office says the bill will cost the federal government a hefty…
Stimulus recipients have reported that about 640,000 jobs ”were created or retained” with stimulus funding through Sept. 30.
Economist Douglas Holtz-Eakin, a former director of the Congressional Budget Office, warns that your agency could fall into the crosshairs of budget cuts for FY 2011, and explains why, in our continuing look at ”Bold Predictions for 2010.”
Reducing pay and benefits of federal civilian employees, military and retirees could save the government $10 billion over five years and $50 billion over 10 years, according to a March report by the Congressional Budget Office.
We learn just what the Congressional Budget Office is going through during the continuing budget battles on Capitol Hill from the Center on Budget and Policy Priorities’ Paul Van de Water.
Rep. Darrell Issa (R-Calif.) said he supports the administration’s plan to make it easier to get rid of excess property at civilian agencies.
The President’s proposal for a Civilian Property Realignment Board could cost agencies more money than the current system to dispose of unused federal property.
The bill to repeal a requirement that governments withhold some payments to vendors would add more than $11 billion to the deficit, according the Congressional Budget Office. A key House committee has already passed the bill.
A rare public hearing of the supercommittee suggests members aren’t close to developing a plan to cut more than $1 trillion from the federal deficit over 10 years. Congressional Budget Office Director Doug Elmendorf warned them that cuts to discretionary funding, including feds’ pay, would not solve the problem.
The House bill — H.R.3813 — would require federal workers to contribute 1.5 percent more of their salaries toward retirement over three years and end a supplemental payment for early retirees under the Federal Employee Retirement System.