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5:36 pm, October 23, 2014

Budget News

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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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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