WASHINGTON, D.C. – U.S. Senators Rand Paul (R-KY) and Mark Warner (D-VA) today introduced Amendment 1543 to the National Defense Authorization Act (NDAA), known as Bonuses for Cost-Cutters. Building on the current federal law, the amendment would allow a U.S. government agency’s inspector general to pay a bonus of up to $10,000 when a federal employee identifies surplus or unneeded funds.
“Federal employees, under the current law, have a perverse incentive to spend all of their agency’s annual budget before the end of the year. Through bonus incentives, my amendment will reduce the federal deficit and reverse the trend toward agency bloat, by combating inefficiency and mismanagement of funds in the government,” Sen. Paul said.
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