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The report found federal employees work on average of 38.7 hours a week, compared with 41.4 hours per week in the private sector. That difference adds up to 3.8 fewer weeks per year feds work.
The Government Accountability Office looked at six studies about federal pay and found that the different approaches taken in each made their findings potentially problematic.
A House bill designed to reduce government redundancy by requiring agencies to provide detailed reports about the programs they operate will cost about $100 million for agencies to implement, according to a Congressional Budget Office analysis. The Taxpayers Right to Know Act, introduced by Rep. James Lankford, would required agencies to publicly post detailed information about each of the program they operate, including costs and the number of employee dedicated to them.
Researchers are struggling to agree on the best method for comparing public and private sector compensation. Some analysts say the use of differing methods results in wildly varied conclusions.
The Promoting and Enhancing Cybersecurity and Information Sharing Effectiveness Act — the Precise Act of 2012 — would authorize money for Homeland Security. CBO scored the bill at $28 million dollars over five years.
Doug Holtz-Eakin, the former CBO director, discusses the latest CBO projections for the federal budget deficit.
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.
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 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.
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.
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.
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.
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.
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.\"