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From Nextgov.com: Bill to increase oversight of IT projects gets big boost from report

GAO finds $3 billion in cost overruns for IT projects, adding support for a Senate proposal requiring agencies to post reasons for cost overruns on major projects.

A report released on Friday that forecasts $3 billion in cost overruns on 16 major projects has pushed lawmakers to move forward on a bill designed to tighten oversight of federal information technology programs.

Read the full story on Nextgov.com.