• Water, water everywhere!

    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…

  • The CBO crunches the numbers on stimulus jobs

    Stimulus recipients have reported that about 640,000 jobs ”were created or retained” with stimulus funding through Sept. 30.

  • Bold Prediction: the 2011 budget

    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.”

  • CBO: Reducing fed pay could save $67B over decade

    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.

  • CBO: so many models, so little time

    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.

  • CBO to estimate cost of real property proposal

    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.

  • CBO finds bill to sell fed buildings cost-prohibitive

    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.

  • CBO finds cancelling vendor withholding would increase deficit

    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.

  • Cuts to federal pay may hurt public services, CBO warns supercommittee

    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.

  • Bill to cut federal retirement benefits saves $44B, CBO says

    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.