Bonuses for Cost-Cutters Act of 2017

Bill 115 hr 378, also known as the Bonuses for Cost-Cutters Act of 2017, is a piece of legislation introduced in the US Congress. The main goal of this bill is to incentivize federal agencies to identify and eliminate wasteful spending in their budgets.

Under this bill, federal agencies are encouraged to find ways to cut costs and save taxpayer money. If an agency is successful in reducing their spending, they may be eligible to receive bonuses for their efforts. These bonuses are intended to reward agencies for their fiscal responsibility and encourage them to continue finding ways to operate more efficiently.

The Bonuses for Cost-Cutters Act of 2017 aims to promote accountability and transparency in government spending. By rewarding agencies for saving money, the bill seeks to ensure that taxpayer dollars are being used wisely and efficiently. Overall, this legislation is designed to encourage federal agencies to be more mindful of their budgets and to actively seek out opportunities to reduce unnecessary expenses. It is a step towards promoting fiscal responsibility and good stewardship of taxpayer funds within the federal government.