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Budget Analysts: Bill Targeting Official Time Would Cost More than It Saves
Government Executive: Budget experts have concluded that a bill that would cut the pension benefits of federal employees who are compensated by the government for union representational work would not be successful in saving agencies money.
The Congressional Budget Office last week issued its cost estimate for the Official Time Reform Act (H.R. 1364), introduced by Rep. Jody Hice, R-Ga., and found that while the bill could lead to $30 million in savings over the next decade, it also would cost $100 million to implement.
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