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CBO Estimates Half A Billion For Cybersecurity Bill

Gally Articola
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The Congressional Budget Office (CBO) released a five-year cost estimate totaling $556 million for the proposed Cybersecurity Enhancement Act of 2013. The bipartisan bill, introduced by Reps. Michael McCaul (R-Texas) and Daniel Lipinski (D-Ill.), would cost $504 million from 2014-2018 and an additional $52 million after 2018, according to the CBO's report. The bill would allocate research funding to the National Science Foundation, which would then give grants to universities to establish centers for cybersecurity studies as well as graduate…

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