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10:14 am, September 16, 2014

Budget News

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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Innovation, hiring, and more

Linda Rix, co-CEO of Avue Technologies will discuss how uncertainty in the federal marketplace is stifling government innovation.
December 6, 2013 (Encore presentation December 13, 2013)

Friday - 12/06/2013, 08:50pm EST
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Budget deal? Big obstacles, New Year's deadline

Obstacles on left and right for Congress' negotiators struggling to seal a federal budget deal

Friday - 12/06/2013, 10:52am EST

AFGE, NTEU try to stave off changes to retirement benefits

The two employee unions say lawmakers shouldn't make up for sequestration cuts by forcing federal employees to contribute more to their retirement. House and Senate legislators are working on a small-scale budget deal that reportedly includes a provision to alter federal retirement benefits.

Friday - 12/06/2013, 04:07am EST

Hagel shakes up Pentagon's organizational chart, hopes for $1B in savings

The Defense secretary issues specific directions to implement a 20 percent cutback in the size of his own sprawling support staff, including the elimination and consolidation of several senior positions. Gen. Martin Dempsey will deliver plans to cut the joint staff by 20 percent in the coming weeks, and all military organizations commanded by three or four star generals will do the same.

Wednesday - 12/04/2013, 03:30pm EST
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New bill aims to cancel sequestration for DoD at cost to feds' pay and benefits

Reps. Jim Bridenstine (R-Okla.) and Doug Lamborn (R-Colo.) introduced a bill Tuesday to cancel sequestration for the Defense Department for two years. The bill would offset this change by using a chained CPI to calculate COLAs for federal retirement programs along with other entitlement reforms.

Tuesday - 12/03/2013, 04:32pm EST

Will budget committee target feds' retirement contributions?

Even as mystery surrounds the work of the House-Senate budget committee negotiating over fiscal 2014 funding levels and possible alternatives to devastating across-the-board budget cuts known as sequestration, there's consensus emerging about some of the potential bargaining chips the committee is likely to use. That includes requiring federal workers to contribute more of their salaries toward their pensions.

Monday - 12/02/2013, 06:00am EST

Should you worry or is US military at the ready?

Is the military still ready for war _ or should you be worried?

Saturday - 11/30/2013, 09:04am EST

Survey: Budget crises leave little time for long-term planning

A string of recent budget crises, doomsday deadlines and last-minute deals has complicated agencies' longer-term budget planning. However, most agency budget professionals say they're plowing through the uncertainty and will be able to meet spending targets for fiscal 2015 mandated by the Office of Management and Budget, according to a recent survey by Grant Thornton and the American Association for Budget and Program Analysis.

Wednesday - 11/27/2013, 04:48pm EST

Prospects brighten for small-scale budget deal

Prospects for a small-scale budget deal may be brightening though hurdles remain

Tuesday - 11/26/2013, 01:10am EST

Defense cuts impact our ability to upgrade

On this week's Capital Impact show, Bloomberg Government Senior Defense analyst Dr. Kevin Brancato will examine how budget cuts will impact the Defense Department's ability to upgrade its aircraft.
November 21, 2013

Thursday - 11/21/2013, 05:15pm EST
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How sequestration and hiring freezes are shaping the future of SSA

In this week's edition of Agency of the Month, Dr. Reginald Wells, Deputy Commissioner at the Social Security Administration, discusses the human resources pressures caused by tightening budgets.

Thursday - 11/21/2013, 11:24am EST
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Postal Service posts $5B loss; CFO says USPS in 'precarious position'

Postal officials called on Congress to lift a 2006 congressional requirement that it make annual $5.6 billion payments to cover expected health care costs for future retirees.

Friday - 11/15/2013, 04:08pm EST

Post office reports loss of $5 billion for year

Post office reports loss of $5 billion for year, increasing urgency for congressional help

Friday - 11/15/2013, 03:30pm EST

Trends in global defense spending

Jack Midgley, a director in Deloitte's Global Defense Consulting practice will discuss the findings in the company's recent report on defense spending.
November 12, 2013

Tuesday - 11/12/2013, 11:56pm EST
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