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Tag Archives: on-budget deficit

CBO: License Prohibition Bill for Export of Commercial Aircraft to Iran Would Increase Administrative Costs at Treasury, Export-Import Bank

The Congressional Budget Office has said a Senate bill that would require the Treasury Department and the Export-Import Bank to submit annual reports on the sale of commercial planes and aircraft parts to Iran would result in an increase in annual administrative costs at both institutions by less than $500,000. CBO said in …

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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 …

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CBO: Bill on State Dept’s Use of Cost-Technical Tradeoff Contracts for Overseas Guards Would Cost $47M Through 2021

The Congressional Budget Office has said a proposed Senate bill that would authorize the State Department to use cost-technical tradeoff contracts to designate guards at overseas posts would cost approximately $47 million to implement from fiscal years 2017 through 2021. CBO said in a report published Friday that the Department of State Operations Authorization and …

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CBO: Cyber Bill’s Information System Updates Requirement Would Cost ‘Hundreds of Millions’ Over 5 Years

A Congressional Budget Office report says a requirement to replace or update information systems within a year under the Federal Cybersecurity Enhancement Act of 2015 would cost the government “hundreds of millions of dollars” over a five-year period ending in 2020. CBO also estimates that there would be significant costs associated …

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