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9:08 pm, September 1, 2014

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CBO: Feds earn 16 percent more in pay, benefits than private-sector workers

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.

Tags: pay debate , pay and benefits , pay , Congress , American Enterprise Institute , Federal Salary Council , BLS , NTEU , Colleen Kelley , Jack Moore

Monday - 01/30/2012, 07:49pm EST

Recovery Act spending exceeds CBO's estimates

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.

Tags: Recovery Act , stimulus funding , Labor , USDA , Douglas Elmendorf

Friday - 01/06/2012, 08:59am EST

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.

Tags: Congress , pay and benefits , supercommittee , budget , House , Senate , Patty Murray , Jeb Hensarling , Doug Elmendorf , Emily Kopp

Thursday - 10/27/2011, 07:54am EDT
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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.

Tags: acquisition policy , contracting , House Ways and Means Committee , Ruben Gomez , TechAmerica , Dave Camp , Olga Grkavac , industry , withholding fee , Congress

Tuesday - 10/18/2011, 05:21pm EDT

Top Ten for 2010: A bold prediction about the 2011 budget

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.

Tags: series , Bold Predictions , Douglas Holtz-Eakin ,

Tuesday - 01/05/2010, 09:08am EST
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The national debt hits your agency

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.

Tags: national debt , operating budgets , Douglas Holtz-Eakin

Wednesday - 12/02/2009, 10:08am EST
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The deficit deepens

Tags: debt clock , Lisa Desjardins

Tuesday - 08/25/2009, 10:05am EDT
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A Wealth of Knowledge

Tags: transition , Elmendorf

Thursday - 01/29/2009, 10:05am EST
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