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Shows & Panels
House Republicans may seek a quick, short-term extension of the government's debt limit, a move that would avoid an immediate default by the Treasury as the party seeks to maximize leverage in negotiations over spending cuts with President Barack Obama this spring, officials said Thursday.
On this week's Capital Impact show, moderator Allen Scott examines the cost of a Presidential Inauguration and Dodd-Frank regulations.
January 17, 2013
Janet Kopenhaver from Federally Employed Woman and Federal Times Senior Writer Sean Reilly, join host Mike Causey to talk about what would happen if the federal government were to shut down.
January 16, 2013
The nation's top military leaders warned Congress in unusually stark terms that its failure to pass a 2013 defense budget - coupled with the threat of automatic budget cuts - has pushed the Pentagon to the brink of a crisis.
Rep. Ron DeSantis (R-Fla.) introduced a bill that would block a 0.5 percent pay raise for federal workers slated to go into effect March 27. In an executive order issued late last month, President Barack Obama mandated a 0.5 percent pay increase.
The House soundly rejected an amendment to the Superstorm Sandy aid bill that would have required an across-the-board 1.63 percent cut to agency spending to offset the emergency funding. Rep. Mick Mulvaney (R-S.C.) introduced the amendment last week along with a separate proposal to revoke a mass-transit subsidy for federal workers.
Chuck Hagel secured the backing of two of the staunchest pro-Israel Senate Democrats in a clear boost to the Republican's prospects of becoming President Barack Obama's next defense secretary.
Senior Correspondent Mike Causey wants to know: Is your job essential, emergency or mission-critical, and what does that mean? What would happen if you or your agency are told to turn out the lights and go home?
Federal Reserve Chairman Ben Bernanke said Monday that it's important that Congress raise the nation's borrowing limit before the Treasury runs out of maneuvering room to avoid a potential default on U.S. debt.
A series of cost-savings amendments to the Superstorm Sandy aid bill the House will consider this week has drawn the ire of a federal-employee union who say the proposals "unfairly target" government workers. Rep. Mick Mulvaney (R-S.C.) has proposed defraying some of the costs of the $50 billion recovery package by rescinding a mass-transit tax benefit for federal employees and by ordering more across-the-board agency budget cuts.
Reiterating a threat he first issued in the summer of 2011, President Barack Obama on Monday warned Republicans that older Americans might not get their Social Security checks and veterans won't get timely benefits if Congress fails to increase the government's borrowing authority.
Speaker John Boehner says the GOP-controlled House will "do its job" and pass legislation to lift the nation's borrowing cap and keep the government running, but will insist that Democrats accept new spending controls.
Air Force commanders will get orders in the next few days to plan for the possibility of fewer flying hours, providing fewer office supplies and working on fewer IT upgrades. Part of the service's planning will be to figure out how many civilian workers would need to be furloughed and for how long.
Treasury Department spokesman Anthony Coley said Saturday that neither his department nor the Federal Reserve believes the law can or should be used to produce such a $1 trillion coin to avoid a coming battle with Congress over government borrowing.
House Speaker John Boehner (BAY'-nur) has invited President Barack Obama to deliver the State of the Union speech on Feb. 12.
Defense Deputy Secretary Ashton Carter told DoD components Thursday to draw up plans for full-year continuing resolution, plus sequestration. The approach to deal with across-the-board cuts would be to freeze civilian hiring, cut training, travel and conferences and reduce business technology expenditures.
On this week's Bloomberg Government Capital Impact show, analysts examine NASA's acquisition forecast for this year, and the legislative agenda on Capitol Hill.
January 10, 2013
Sen. Mark Warner (D-Va.) said he plans to introduce legislation allowing for the elimination or consolidation of outdated or redundant agency reports. Cutting back on unnecessary reporting requirements is part of the 2010 Government Performance and Results Modernization Act.
The co-chairman of the U.S. deficit commission calls failure to agree on a plan to reduce the national debt "the most disappointing thing in my life."
New version of sequestration would reduce overall tab to DoD but compress across-the-board cuts into just seven months. A leading-think tank's "back of the envelope" calculations show the military would have to furlough almost every civilian.