How spending sacrifices to hit agencies, contractors

Wednesday - 4/27/2011, 3:39pm EDT

Ray Bjorklund, senior vice president and chief knowledge officer, FedSources

Download mp3

Congress and the White House are asking you to make sacrifices, as they try to cut back on federal spending.

The House has passed a 2012 budget blueprint that Republicans say would save trillions of dollars.

President Obama says he's working on his own plan to slash spending over the next several years.

But you might be wondering how all of this will really affect agencies and contractors.

Ray Bjorklund, senior vice president and chief knowledge officer at FedSources, shares highlights from a conference that wrapped up today on the impact of cost-cutting on agencies and contractors.