Citing pressures created by the nation's current and projected budget deficit, a growing long-term fiscal imbalance and a heavier workload that may impair its ability to serve its mission to Congress, the Government Accountability Office has requested a 2008 budget of $530 million – an 8.5 percent rise over the previous year’s funding levels.
The GAO said the 2008 budget was lower than its original request submitted to the Office of Management and Budget earlier this year.
The investigative arm of Congress said the funds would be earmarked toward rebuilding its workforce capacity, addressing an increased caseload for bid protest filings and supporting its plan to boost its staffing levels to 3,750 over the next six years.
The office said looming projects include supply and demand imbalances, high-risk areas and technology assessments.
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