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The Federal Trade Commission appears headed for a fiscal crisis. The Congressional Budget Office is estimating the agency's cut of Hart-Scott-Rodino filing fees for the 2003 fiscal year at $150 million, FTC officials said. That's $26.6 million less than the agency needs to cover projected spending. The shortfall is significant because FTC Chairman Timothy J. Muris must ask congressional appropriators to make up the deficit.
May 01, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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