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Tag Archives: CBO

CBO: Federal Rotational Cyber Workforce Bill Would Cost $2.5M Over 5 Years

The Congressional Budget Office has estimated the implementation of a Senate bill that would allow cybersecurity personnel in one federal civilian agency to work at another agency on a rotational and temporary basis would cost less than $500K annually from fiscal 2019 through fiscal 2023.

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CBO Report: Navy Shipbuilding Plan to Cost Roughly $30B Annually for 30 Years

The Congressional Budget Office estimates that the U.S. Navy's 2019 shipbuilding proposal would, on average, cost $28.9B in 2018 dollars per year throughout the plan’s three-decade duration. The Navy’s battle force build-up plan involves the construction of 301 combat and support vessels from fiscal year 2019 to 2048, and would cost $801B in 2018 dollars in total.

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CBO: Attack Submarine Maintenance Work Less Expensive at Private Shipyards

A new Congressional Budget Office analysis has found that performing a common type of maintenance work on the U.S. Navy’s Los Angeles-class attack submarines (SSN-688) at the service’s public shipyards is more expensive than at private shipyards, USNI News reported Thursday. The finding stems from CBO’s examination of Docking Selected Restricted Availability overhaul work for attack submarines and three cost comparisons made between private and public shipyards for different time periods.

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CBO: House Panel’s FY 2019 Defense Bill Would Affect Direct Spending Over 10 Years

A Congressional Budget Office report says that enactment of the House Armed Services Committee’s fiscal 2019 defense appropriations bill would affect the Defense Department‘s direct spending by less than $500,000 over the next decade. CBO said Monday multiple provisions under the National Defense Authorization Act for Fiscal Year 2019, or H.R. 5515, would also have “insignificant” …

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President Trump Approves 2-Week Govt Funding Extension

President Donald Trump on Friday signed another continuing resolution that would fund the federal government at current spending levels through Dec. 22, Bloomberg reported Friday. Trump signed the CR a day after Congress passed the stopgap funding measure to avoid a government shutdown and after the president reached a “tentative …

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