A new Congressional Budget Office report projects the Pension Benefit Guaranty Corporationâs multiemployer program to become bankrupt by 2025 under current law. CBO said Tuesday PBGC would be unable to pay $3 billion of
MoreGen. Mark Welsh, chief of staff of the U.S. Air Force, has indicated that the service will continue its focus on modernization through what he called logic-based rules to guide budget decision in
MoreThe U.S. Army Corps of Engineers aims to clear a $60 billion backlog on water resources construction projects through a combination of public and private backing, Federal News Radio reported Monday. Michael
MoreThe U.S. Army Corps of Engineers is exploring private financing models to fund upgrades and repairs of civil works infrastructure as projects face insufficient budgets and a $60 billion recapitalization backlog, Federal News Radio
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