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Risk based security initiatives have saved the Transportation Security Administration (TSA) $350 million the past two years and further savings can be expected although at a reduced level, the agency’s acting chief told a House panel on Thursday.Efficiencies gained through the risk based security actions led TSA to request $119 million less in FY ’16 for its workforce needs than programmed in the current FY ’15 budget, Melvin Carraway, acting administrator for the agency, told the House Appropriations Homeland Security…
