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Search Tags: CBO
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.
Without restraint, Economist Douglas Holtz-Eakin, a former director of the Congressional Budget Office, warns that global markets could eventually lose confidence in the U.S. government's capacity to bear its rapidly growing debt.
Seven of the 12 major appropriations bills that set federal spending - including those that govern the budgets of the Departments of Defense, Health and Human Services and Transportation - still haven't passed Congress.
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."
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.