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12:41 am, August 21, 2014

Budget News

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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More oversight needed to achieve billions of dollars in IT savings

The Government Accountability Office looked at two initiatives that are supposed to help get information technology spending under control. GAO found that both initiatives are coming up short.

Tuesday - 11/12/2013, 04:50pm EST
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Automatic spending cuts would bite more in 2014

Automatic spending cuts largely barked about this year might bite in 2014

Tuesday - 11/12/2013, 02:40am EST

Mikulski seeks two-year sequestration solution

Sen. Barbara Mikulski (D-Md.), chairwoman of the Appropriations Committee, took to the Senate floor this week calling on House-Senate budget negotiators to look at replacing the across-the-board sequestration cuts for at least two years.

Friday - 11/08/2013, 12:23pm EST

Fed groups: Pay and benefits should be off the table in budget talks

A coalition of more than two dozen federal-employee unions and advocacy groups is calling on budget negotiators to come up with a way to undo the across-the-board sequestration budget cuts that are poised to slash agency spending by billions more this year. But following three years of a pay freeze and the recent 16-day government shutdown, the groups are equally adamant that changes to federal employees' pay and benefits should be off the table.

Friday - 11/08/2013, 10:24am EST

Government shutdown cost feds 6.6 million days of work

The 16-day government shutdown forced federal employees to miss millions of days of work, agencies to forego millions of dollars in revenue and programs to grind to a halt. In a new report, the Office of Management and Budget estimates that federal workers missed 6.6 million days of work and the shutdown cost more than $2.5 billion in pay and benefits for employees, most of whom didn't work.

Thursday - 11/07/2013, 02:55pm EST
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SSA shares lessons learned in tight budget climate

In part two of our Agency of the Month interview with Peter Spencer, deputy commissioner for Budget, Finance, Quality and Management at the Social Security Administration, Spencer says lessons learned in 2013 will help the agency moving forward in 2014 and beyond.

Thursday - 11/07/2013, 11:14am EST
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Budget experts blame lawmaker 'disengagement' as source of DoD turmoil

Former top staffers say current members of Congress no longer have a stake in any particular appropriation or authorization bill making its way through the legislative gauntlet one reason why DoD and the rest of government continue to stumble from one continuing resolution to the next.

Thursday - 11/07/2013, 05:51am EST
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Report: Wildlife refuges create $2B for economy

Report: Federal wildlife refuges create $2B for economy

Tuesday - 11/05/2013, 04:00pm EST

Hagel warns of dangers in deep cuts to defense

Hagel says projected cuts in defense budgets could lead to dangerous atrophy of US military

Tuesday - 11/05/2013, 03:10pm EST

Report: DHS employees abusing overtime allowances

Report: DHS employees abusing overtime allowances, being paid for time not necessary for jobs

Friday - 11/01/2013, 01:18pm EDT

SSA adjusting to 2014 budget pressures

On this week's Agency of the Month show, Peter Spencer discusses how budget uncertainty is negatively impacting the agency.

Friday - 11/01/2013, 11:40am EDT
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In House-Senate budget talks, feds fear being familiar target

When House and Senate lawmakers kicked off formal budget negotiations this week for the first time since the government shutdown ended, both Republicans and Democrats said replacing sequestration, the blunt across-the-board budget cuts, with an alternative plan would be a top priority. The sticking point remains how to pay for it. Federal-employee unions and advocacy groups fear federal pay and benefits will once again be on the table.

Thursday - 10/31/2013, 12:51pm EDT

TSP investing and more

CBS MoneyWatch columnist Allan Roth will share investment strategies for the TSP, and Federal Times senior writer Sean Reilly will discuss what's ahead for federal workers and retirees.
October 30, 2013

Wednesday - 10/30/2013, 07:55pm EDT
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