Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Connected Government
- Consolidating Mission-critical Systems
- Constituent Servicing
- The Data Privacy Imperative: Safeguarding Sensitive Data
- Eliminating the Pitfalls: Steps to Virtualization in Government
- Federal Executive Forum
- Federal Tech Talk
- Government Cloud Brokerage: Who, What, When, Where, Why?
- Government Mobility
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Mobile Device Management
- The Modern Federal Threat Landscape
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- Satellite Communications: Acquiring SATCOM in Tight Times
- Transformative Technology: Desktop Virtualization in Government
- Understanding the Intersection of Customer Service and Security in the Cloud
Shows & Panels
Obama seeks to cut payments to federal contractors
Thursday - 5/30/2013, 6:08pm EDT
WASHINGTON (AP) -- The Obama administration says it can save hundreds of millions of dollars a year by cutting payments to some federal contractors, but it needs backing from a Congress that has ignored the president's prior calls to change the reimbursement formula.
White House budget officials said Thursday they will soon send lawmakers a proposal to tie the reimbursement cap to the president's salary.
Under the plan, the cap would increase any time the president gets a pay raise and by a corresponding amount.
The cap is currently set by law and adjusted annually. Officials say it has increased by more than 300 percent since it started at $250,000 in the mid-1990s.
The cap was $763,000 in fiscal year 2011. It is set to top $950,000 for the current fiscal year.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.