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Reply to "Will SEC escape RIFs due to large number of exits? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If the SEC is self-funded, then gutting it won't be related to cost cutting. Wow you don't say[/quote] It’s not self-funded. It’s budget neutral, actually positive, since it brings in more than it costs. But it is still funded by appropriations from Congress, not the money it brings in, which goes to the Treasury.[/quote] I’m at another FIRREA that is fully self-funded and we have a DOGE rep, trying to cut costs and reduce staffing. Also, our VSIP incentive is 8 months pay, so hopefully we get enough to leave through VERA/VSIP. [/quote]
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