The Congressional Budget Office has said the implementation of a House bill that would bar federal agencies to include Social Security numbers on documents delivered by mail in order to prevent identity fraud would not result in any significant cost in the next five years. CBO said in the report published Friday …
Read More »CBO: House’s Government IT Modernization Bill to Cost $9B from 2017 to 2021
The Congressional Budget Office has said a House bill that would set up new budget accounts to fund updates to federal information technology systems would cost $9 billion to implement over five years, a figure that is subject to appropriation. CBO said in a report published Thursday the enactment of the Modernizing Government Technology …
Read More »CBO: Senate’s FY 2017 Intell Authorization Bill’s Unclassified Provisions to Cost $888M Through 2021
A new Congressional Budget Office report says the implementation of unclassified programs under the Senate’s Intelligence Authorization Act for Fiscal Year 2017 would cost the federal government approximately $888 million over five years. CBO said in a report published Tuesday the proposed bill would lead to the application of pay-as-you-go procedures since its …
Read More »CBO: State Dept Authorization Act Would Increase Direct Spending by $6.5B Over 5 Years
The Congressional Budget Office estimates a proposed Senate bill that would make some changes to the State Department‘s operations could trigger a $6.5 billion increase in direct spending from fiscal year 2017 to fiscal 2021. CBO said Wednesday the Department of State Authorization Act (S. 2937) would allow the department to retain its passport and …
Read More »CBO: House Bill on Cybersecurity Support for Small Businesses Would Cost $1M From 2017 to 2021
The Congressional Budget Office has said a House bill that would require the Department of Homeland Security and Small Business Administration to create a strategy for small business development centers to provide cybersecurity training and counseling to clients would cost approximately $1 million over five years. CBO said in a report published Thursday that …
Read More »CBO: Senate Bill on Licensing Framework for Updated Nuclear Reactors Would Cost $47M Over 5 Years
The Congressional Budget Office has said a Senate bill that would require the Nuclear Regulatory Commission to create a regulatory licensing structure for nuclear reactors that have undergone technology and design updates would cost approximately $47 million from fiscal years 2017 through 2021. CBO said in a report published Wednesday that the …
Read More »CBO: House Bill that Would Require NSF to Audit Research Facilities Would Cost $10M Over 5 Years
A new Congressional Budget Office report says a proposed House bill that would require the National Science Foundation to subject its research facilities to audits would cost approximately $10 million from fiscal years 2017 through 2021. CBO said in the report published Tuesday that the passage of the NSF Major Research Facility Reform …
Read More »CBO: House Bill That Seeks to Reduce Federal Property Inventory Would Cost $40M Over 5 Years
The Congressional Budget Office has said a proposed House bill that seeks to create an independent board that would help reduce the inventory of federal civilian properties would cost approximately $40 million to implement from fiscal years 2017 through 2021. CBO said in a report published Thursday that the passage of the Federal …
Read More »CBO: HASC’s FY 2017 Defense Authorization Bill to Reduce DoD Direct Spending by $206M Over 10 Years
A new Congressional Budget Office report says the enactment of the House Armed Services Committee’s defense policy bill for fiscal year 2017 would reduce the Defense Department’s direct spending by approximately $206 million over the next 10 years. CBO said in a report published Wednesday that the allocation of $603.3 billion in …
Read More »CBO: Intell Authorization Bill’s Unclassified Provisions Would Cost $521M Through Fiscal 2021
The Congressional Budget Office estimates it would cost the federal government approximately $521 million over five years to implement unclassified programs under the House’s Intelligence Authorization Act for Fiscal Year 2017. CBO said Wednesday the bill, if enacted, will also have an impact on direct spending and revenues but will not impose costs on state, …
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