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2:38 pm, October 24, 2014

Budget News

Even with budget agreement, Air Force faces painful choices

Top Air Force officials say lower budgets will force them to propose cuts Congress won't like. But if lawmakers insist on protecting politically-favored programs, money will have to come from somewhere else.

Monday - 12/16/2013, 03:47am EST
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Your own personal Rorschach test

Personality-wise are you usually happy or sad? Would friends and family describe you as an upper or a downer? The way you view the bipartisan budget deal may tell a lot about whether you are a glass-half-full or glass-half-empty person, Senior Correspondent Mike Causey says.

Monday - 12/16/2013, 02:00am EST

Prospects for budget legislation solid in Senate

Senate sets vote next week on budget legislation; passage expected

Sunday - 12/15/2013, 05:42pm EST

Defense bill aims to address sexual assault crisis

Defense bill dealing with sexual assault crisis, ongoing base construction heads to Senate

Saturday - 12/14/2013, 05:46am EST

With budget agreement nearly a done deal, focus turns to appropriations

The bipartisan budget deal announced this week goes a long way toward clearing up the widespread budget uncertainty that has plagued federal agencies for the last two years. But it doesn't actually set individual agency funding for next year. That's the job of the House and Senate Appropriations Committees, the leaders of whom now must write an official spending bill that spell out exactly how much each agency gets to spend next year and on what. Rep. Hal Rogers (R-Ky.), the chairman of the House committee, said Thursday he would begin work on an omnibus spending bill to fund agencies next year.

Friday - 12/13/2013, 04:30pm EST

Correction: Budget Battle story

Correction: Budget Battle story

Friday - 12/13/2013, 01:39pm EST

Is the budget deal the final word on contractor compensation?

Tucked away inside the bipartisan budget deal announced with much fanfare this week is a proposal limiting the maximum level contractors can charge the government to pay the salaries of their top executives to nearly half of what it is currently. But it may not be the final word on the issue on the sticky issue of contractor compensation. the budget deal's proposed changes to taxpayer-funded contractor salaries are competing with another piece of bipartisan legislation currently before Congress. The annual Defense Authorization Act seeks to lower the compensation limit but by far less than the budget deal.

Friday - 12/13/2013, 11:03am EST

BGOV roundtable

On this week's Capital Impact show, Bloomberg Government analysts participate in a roundtable discussion of the budget deal, the Volker Rule, and Bitcoin.
December 12, 2013

Thursday - 12/12/2013, 04:13pm EST
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Budget deal offers stability to Pentagon spending

Budget deal trims pensions for working-age military retires, offers Pentagon budget stability

Thursday - 12/12/2013, 01:48pm EST

New estimate says budget deal raises deficit $41B

Congressional analysis estimates budget deal would increase deficit by $41.4B in 2014-15

Thursday - 12/12/2013, 01:18pm EST

Key support for budget deal; deficits would rise

No shutdowns: Republicans, seeking stability, back budget deal though it means higher deficits

Thursday - 12/12/2013, 03:20am EST

Budget deal: Feds dodge a bullet...

Congress went after federal workers and retirees with a meat ax. But instead the new budget agreement is more of a kick in the shins for feds who have yet to be hired, Senior Correspondent Mike Causey says.

Thursday - 12/12/2013, 02:00am EST

Lawmakers in fed-heavy districts signal support for budget deal

Lawmakers in districts with large constituencies of federal employees are signaling their support for the bipartisan budget deal announced Tuesday even though it would require new federal workers to contribute a greater share of their paychecks to their retirement benefits. The alternatives -- another government shutdown or a second year of the steep across-the-board sequestration cuts -- would have been worse, they argue.

Wednesday - 12/11/2013, 05:30pm EST

Analyzing the budget deal

On this week's Your Turn radio show, host Mike Causey examines what's in the most recent budget deal that will impact feds.

Wednesday - 12/11/2013, 03:57pm EST
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Under budget deal squeeze, will future feds opt out of TSP?

If the proposed budget deal becomes law, new federal workers will see a total of 10.6 percent of their salaries automatically withheld from their paychecks to cover their retirement benefits. That could lead to them contributing less or not at all to their voluntary Thrift Savings Plan accounts, experts said.

Wednesday - 12/11/2013, 03:26pm EST

Defense authorization bill leaves out reforms to federal IT acquisition

The annual policy legislation also doesn't merge the DoD CIO and deputy chief management officer.

Wednesday - 12/11/2013, 02:10pm EST

How the budget deal will impact current and future feds

Newly hired federal workers will be required to contribute more toward their pensions and some military retirees will see smaller cost-of-living adjustments under a budget deal announced by Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.) Tuesday evening. The budget deal, which sets funding levels for the next two years, eases some of the bite of the automatic spending cuts, known as sequestration. The pact restores about $63 billion to agency spending through the end of fiscal 2015, split about evenly between Defense and civilian agencies.

Wednesday - 12/11/2013, 04:08am EST

Bipartisan negotiators reach modest budget pact

Lawmakers reach budget pact restoring $63B in automatic spending cuts, avoiding gov't shutdown

Wednesday - 12/11/2013, 03:24am EST

Lawmakers to budget committee: Don't throw feds under the bus

Lawmakers, who face a self-imposed Friday deadline to come up with a fiscal 2014 budget plan, appear to be making progress toward a limited deal that would stave off another shutdown and give agencies the certainty of funding for the remainder of the year.But lawmakers with districts surrounding Washington, D.C. are preemptively speaking out against any proposal that, in their words, would "throw federal employees under the bus." Rep. Frank Wolf (R-Va.), says that too often in the past federal employees' pay and benefits have "been used as pawns in budget negotiations."

Monday - 12/09/2013, 02:15pm EST
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Discussing what's hot in the federal community

Julie Perkins and Jenny Mattingley host a roundtable discussion of the big issues in the federal government and what's ahead for 2014.
December 6, 2013

Friday - 12/06/2013, 10:27pm EST
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