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Tag Archives: federal spending

CBO’s Keith Hall: Growth in Healthcare, Retirement Spending to Drive Up Budget Deficit From 2017 to 2027

Keith Hall, director of the Congressional Budget Office, has said CBO predicts the U.S. budget deficit to grow over the next 10 years if current laws remain unchanged. Hall said in a statement published Tuesday that increasing interest payments on government’s debt, rise in healthcare program and retirement spending and growth in …

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GAO: OMB, Treasury Should Clarify Some Federal Spending Data Definitions for DATA Act Implementation

The Government Accountability Office reports that some definitions that the Office of Management and Budget and Treasury Department issued for 57 federal spending data items could lead to inconsistency in reporting. GAO said in a January report that most of the definitions issued as part of the Digital Accountability and Transparency Act of …

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Mary Davie: Federal Agencies Increased Purchases Under GSA’s Networx GWAC Program By 8%

Federal agencies collectively bought more than $820 million in telecommunication services from industry during fiscal 2015’s first half through the General Services Administration‘s Networx governmentwide acquisition contract. The amount represents a 7.6 percent increase from the volume of Networx purchases recorded in the same period last fiscal year, Mary Davie, …

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