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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][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] Which FIRREA is offering 8 months? Not like it needs to be a "secret" ... every FIRREA is impacted. The only independent that is truly successful at staying independent is the Fed. They haven't done one thing coming out of OPM or OMB because they said "you can't make me" and stuck to that. The others all caved ... So which one? Maybe know will help others ... [/quote]
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