GAO: Times call for risk-based budgeting: "Federal agencies and congressional appropriators should consider revising their budgets to reflect risk-based spending priorities, the controller general testified at a June 29 hearing.
Demographic trends, rising health care costs, decreasing federal revenues and a growing federal deficit all require the government to do more with less in years to come, Comptroller General David Walker told members of the House Homeland Security Committee's Management, Integration and Oversight Subcommittee. "
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