On the recordMarch 2, 2009
The greatest causes of cost growth, after program initiation, are budget changes (often caused by Congress) and 'requirements' changes--both of which can be controlled by discipline.
Source
congress.govThe greatest causes of cost growth, after program initiation, are budget changes (often caused by Congress) and 'requirements' changes--both of which can be controlled by discipline.
Akaka highlights budget and requirement changes as major cost growth factors.
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More from Daniel Akaka
Financial literacy and consumer protection issues are very close to my heart.
When Americans make wise economic decisions and are protected from bad actors, our economy and Nation are stronger for it.
I am proud of the work we have accomplished on this Committee through both legislation, such as the Dodd-Frank and the Credit CARD Acts.