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Tag Archives: Federal Budget

CBO Looks at Effects of Partial Gov’t Shutdown; Forcepoint’s Eric Trexler Comments

The Congressional Budget Office has released a report that assesses the effects of the five-week partial government shutdown on the federal budget and economy. CBO estimates that the partial shutdown resulted in the delay of federal discretionary spending worth approximately $18B for the procurement of goods and services, compensation and other government services, according to the report.

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CBO: Bill on Agency Discretion for IT Security Efforts Would Not Affect Federal Budget

The Congressional Budget Office has said a proposed House bill that would provide federal agencies sole authority to launch efforts to protect information technology systems and data from potential network threats would not affect the federal budget and revenues. CBO said in a report published Thursday the implementation of the Federal Information Systems Safeguards …

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CBO: Annual US Deficit Fell to Lowest Point in 8 Years

The Congressional Budget Office has published an infographic report that indicates the $439 billion U.S. budget shortfall the agency recorded for fiscal 2015 was the government’s smallest deficit since fiscal 2007. CBO said Wednesday federal debt held by the public at the end of FY 2015 was 74 percent of gross domestic product, the highest annual …

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Report: US Appropriation Leaders Agree on $1T Spending Package

Senate and House appropriators have finalized the details of a 1,603-page $1.01 trillion spending bill that would fund government operations during the 2015 fiscal year, the Washington Post reported Tuesday. Ed O’Keefe writes the budget deal allocates $521 billion for defense activities and $492 billion for non-military discretionary programs. “There’s …

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Report: Fiscal Decisions Await Returning Post-Election Congress

The Congress has reconvened for the lame-duck session and will face decisions on new budget measures to keep the government afloat and fund defense programs, Federal News Radio reported Wednesday. Emily Kopp writes congressional agenda for the next few weeks could also include emergency funding to stop the Ebola outbreak …

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