President Obama's recommended budget for fiscal year (FY) 2011, which begins on October 1, 2010, is due out on Monday, February 1. The President has stated that he intends to recommend a freeze for almost all domestic agencies. for the next three years. The Center for American Progress has posted an analysis of what this could mean, which includes this paragraph:
Based on extensive analysis, the IRS Oversight Board has concluded that for each dollar spent at the IRS, four dollars in taxes owed to the Treasury are collected. Studies by the Social Security Administration and Centers for Medicare and Medicaid Services show similar ratios between staffing resources and savings to the U.S. Treasury from identification of fraudulent claims, overpayments, and incorrect billings. These three agencies have a combined annual budget of $27 billion over the next 10 years. The federal government will spend approximately $337 billion on salaries, contracts, and other expenses if we maintain the same level of effort as we have today.
4 comments:
without enforcement and audits to be sure money is spent correctly, some money does get spent differently than intended.
I could be very,very wrong but i thought i had something about the white house freezing bonuses.
HIGHLY PAID GOVENMENT WORKERS SUCH AS ALJS SHOULD HAVE THEIR PAY REDUCED.
I'd suspend or eliminate the award/bonus program at SSA. It's poorly managed at both management and bargaining unit levels.
Also, why not a one year pay freeze for all Federal employees? Retirees and SSA beneficiaries are on track for their second year without a COLA.
If sacrifice is necessary, better to spread it as equally as possible.
"Also, why not a one year pay freeze for all Federal employees? Retirees and SSA beneficiaries are on track for their second year without a COLA."
If the whole budget is frozen I would be willing to give up a raise and/or award for as long as the budget would be frozen, but I don't want to be singled out.
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