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Budget News

A look at the clearance job market in 2013

Evan Lesser, founder and director of ClearanceJobs.com, will talk about the big issues affecting federal workers with security clearances.
December 14, 2012

Friday - 12/14/2012, 10:06pm EST
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Sequestration worse than thought, Pentagon frets

As planning begins for sequestration, the military may have to cut billions more than previously imagined. DoD, like all agencies, is waiting for instruction from the OMB on how to reduce their budget.

Friday - 02/15/2013, 03:59pm EST

Federal Drive Interviews -- Dec. 11, 2012

Todd Harrison of the Center for Strategic and Budgetary Assessment talks about possible defense cuts due to sequestration. Attorney Bill Bransford discusses the legal ramifications of lie detectors. Social media expert Justin Herman of the GSA explains how social media is being used in the aftermath of emergencies. John Palguta of the Partnership for Public Service ponders what may be in store for feds in 2013. Paul Verkuil explains what the Administrative Conference of the United States has been up to.

Tuesday - 12/11/2012, 04:31pm EST

Obama visits Va. family to pitch fiscal plan

President Barack Obama is visiting a middle-class family in suburban Washington as he continues to push for a plan to extend tax cuts to all but the top 2 percent of earners.

Thursday - 12/06/2012, 02:07pm EST

Lawmakers laying odds against sequester taking place

Sens. Mark Warner and Bob Corker and Rep. Chris Van Hollen all believe there is at better than a 50 percent chance Congress and the White House will agree on a budget reduction plan before Jan. 1. But federal pay and benefits, and contract spending remain on the table to be part of the cuts.

Friday - 02/15/2013, 04:03pm EST
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How far over the 'fiscal cliff' could they go?

The dealmakers who warn that a year-end plunge off the "fiscal cliff" would be disastrous don't seem to be rushing to stop it. Why aren't they panicking?

Friday - 02/15/2013, 04:04pm EST

DoD begins planning for sequestration cuts

The Defense Department says it has begun planning for the roughly $500 billion in personnel and program cuts that will be needed if Congress and the White House fail to reach an deal that would avoid the double hit of tax hikes and automatic spending cuts dubbed the fiscal cliff.

Friday - 02/15/2013, 04:06pm EST

Federal Drive Interviews -- Dec. 5, 2012

Witold Skwierczynski of the AFGE National Council of Social Security Administration Field Operations Locals talks about today's SSA demonstration. Travis Howerton discusses the National Nuclear Security Administration's plans to launch its own social network. Jeremy Herb of The Hill details the Defense Bill just passed by the Senate.

Wednesday - 12/05/2012, 10:46am EST

Back to budgets, Ryan returns to comfortable topic

Paul Ryan is getting his groove back.

Friday - 02/15/2013, 04:07pm EST

Players in budget war game plot $500B in Defense cuts

This past summer, defense experts gathered into teams to map out how to cut DoD's budget by a half trillion dollars over 10 years. The results from the game provide some guidance on ways to make the cut happen in real life based on strategic choices, the organizers say.

Friday - 02/15/2013, 04:08pm EST
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GOP senator offers 'fiscal cliff' solution

A freshman GOP senator is jumping into the debate on how to avoid a "fiscal cliff" of tax hikes and automatic spending cuts, advocating a mix of tax increases with curbs on Social Security and Medicare benefits.

Friday - 02/15/2013, 04:08pm EST

Tips for following the 'fiscal cliff' negotiations

President Barack Obama and leaders of the lame-duck Congress may be just weeks away from shaking hands on a deal to avert the dreaded "fiscal cliff." So it's natural to wonder: If they announce a bipartisan package promising to curb mushrooming federal deficits, will it be real?

Friday - 02/15/2013, 04:09pm EST

Survey: CHCOs feel effect of budget crunch on recruiting, training

Budget constraints are top of mind for agency chief human capital officers. And with good reason. CHCOs say they are feeling the effects of the budget crunch, particularly in recruiting, retaining and training employees, according to a Federal News Radio survey. Eugene Hubbard, head of the National Science Foundation's Office of Information and Resource Management, told Federal News Radio the budget squeeze and shrinking workforces mean agency employees are doing more with less to keep pace with the mission.

Monday - 12/17/2012, 12:34pm EST
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Agencies fail to scrutinize billions in legacy IT spending

Despite spending billions to maintain legacy IT systems, many agencies are failing to properly review whether there is a sound basis for continuing them, according to a new report from the Government Accountability Office.

Monday - 12/17/2012, 12:34pm EST
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Warner hopeful feds won't feel a budget 'jolt'

Sen. Mark Warner (D-Va.) told The Federal Drive with Tom Temin and Emily Kopp that a large number of lawmakers from both parties support a plan that raises more revenues and recognizes that entitlement programs have got to be made viable over the long term.

Friday - 02/15/2013, 04:11pm EST
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Fiscal cliff negotiators are facing high hurdles

The White House and leaders on the Hill will have to resolve deep political and fiscal disagreements that have stymied them time after time despite repeated promises to overcome them.

Friday - 02/15/2013, 04:12pm EST

Beef jerky, reality shows, beer: Coburn tells DoD to cut it all out

A new report, called the Department of Everything, says DoD spending over the next 10 years will total almost $68 billion on non- military goods and services. Some recent examples include a smartphone app to help military members manage their caffeine intake and the sponsorship of a workshop by the Defense Advanced Research Projects Agency called the 100 Year Starship project, which included a session called, "Did Jesus die for Klingons too?"

Friday - 11/16/2012, 11:56am EST
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Postal Service pension surplus shrinks as Donahoe renews call for legislation

Surplus payments the Postal Service made to the Federal Employee Retirement System are much smaller than once thought. Last year, the surplus was estimated to be $11.4 billion. But because of a reduction in projected long-term interest rates, OPM estimated the surplus would drop to $2.6 billion. SPS had wanted to use those overpayments to pay down some of its debts

Monday - 12/17/2012, 12:34pm EST
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Post office reports record loss of $15.9B for year

The struggling U.S. Postal Service on Thursday reported an annual loss of a record $15.9 billion and forecast more red ink in 2013, capping a tumultuous year in which it was forced to default on billions in payments to avert bankruptcy.

Wednesday - 05/09/2012, 11:43am EDT

GOP senator outlines $68 billion in defense cuts

Defense spending could be slashed by $68 billion over 10 years if the military stopped spending millions on running grocery stores, operating its own schools and even developing a roll-up version of beef jerky, insists one of the Senate's leading fiscal conservatives. In a new report, Republican Sen. Tom Coburn dubs the Pentagon the "Department of Everything."

Thursday - 11/15/2012, 11:21am EST
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