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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: CBO , acquisition policy , contracting , House Ways and Means Committee , Ruben Gomez , TechAmerica , Dave Camp , Olga Grkavac , industry , congress

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