FTC Says $10M Budget Cut Won't Slow Enforcement

Law360, New York (April 10, 2013, 7:15 PM EDT) -- The U.S. Federal Trade Commission on Monday requested $301 million in its 2014 budget, about $10 million less than it received last year, but the agency said the cut won’t hinder its ability to enforce privacy and competition rules.

FTC Deputy CFO James Baker said the agency was able to decrease its proposal by $25.8 million because it no longer needs to allocate funds for a nearly completed office move in Washington, D.C.

The decrease is offset by increases of $5.5 million for mandatory expenses such as...
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