OMB: New Funding Proposal
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The Office of Management and Budget is considering a new funding system to pay for the agency’s lines-of-business consolidation projects. The fund would pay for the projects initially and be paid back from the savings that the changes garner. OMB has not yet asked Congress for this type of funding, but it is considering the option.
“'It would be similar to a governmentwide working capital fund,' Sindelar said at the 14th annual Executive Leadership Conference sponsored by the Industry Advisory Council and the American Council for Technology.”
“OMB has had little luck getting congressional approval for central funding of cross-agency projects. Over the past three years, the administration requested $100 million but received only $13 million for its Quicksilver e-government projects fund.”