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Search Tags: CBO
Doug Holtz-Eakin, the former CBO director, discusses the latest CBO projections for the federal budget deficit.
The bill — introduced last summer by Rep. Darrell Issa (R-Calif.) — would eliminate Saturday mail delivery, close mail processing facilities, require postal employees to pay the same percentage in their health and life insurance premiums as federal employees do, and allow the Postal Service to use nearly $11 billion in surplus retirement contributions.
When it comes to figuring out whether federal workers are overpaid or underpaid both sides need to remember the basic carpenters rule: Measure twice, cut once. How come? Sometimes when doing complex math even the experts get it wrong, Senior Correspondent Mike Causey says — even rocket scientists.
The Government Accountability Office, Congressional Budget Office, Government Printing Office and Library of Congress testified before a House committee this week on their fiscal-year 2013 budget requests. While they vary in many ways, none stray too far from 2012 funding numbers that cut the agencies' budgets.
GOP senators unveiled a bill Thursday that would grant the Defense Department a one-year reprieve from "sequestration" cuts. House minority leader Nancy Pelosi (D-Calif.) called the proposal "skullduggery."
Tags: DoD , Congress , pay and benefits , workforce , supercommittee , sequestration , John McCain , Jon Kyl , Kelly Ayotte , John Cornyn , NTEU , Martin Dempsey , BRAC , pay freeze , attrition , Jared Serbu , DoD Report
Tom Shoop, the editor-in-chief of Government Executive magazine, joined In Depth with Francis Rose to discuss a new CBO study on federal pay.
Federal employees are paid 16 percent more in total compensation — a combination of pay and benefits — than their private-sector counterparts, according to a new Congressional Budget Office report. The pay and benefits gap was not evident across the board, but stratified by educational attainment.
Actual spending of American Recovery and Reinvestment Act funds between February 2009 and September 2011 exceeded Congressional Budget Office estimates by $20 billion or about 4 percent, according to a post on the CBO Director's blog.
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.