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Budget News

Congress' first post-election task: Avoid fiscal cliff

Taking little time to celebrate, President Barack Obama is setting out to leverage his re-election into legislative success in an upcoming showdown with congressional Republicans over taxes, deficits and the impending "fiscal cliff." House Speaker John Boehner says Republicans are willing to consider some form of higher tax revenue as part of the solution - but only "under the right conditions."

Thursday - 11/08/2012, 10:09am EST

Will election results mean more gridlock on budget, sequestration?

President Barack Obama's victory over Republican Challenger Mitt Romney didn't come as a surprise to anyone who was following the pre-election polls. Few surprises occurred in the congressional races as well, which suggested a return of the status quo in Washington and continued gridlock ahead.

Monday - 02/18/2013, 02:01pm EST
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Who will stay and who will go in Obama's second term?

President Barack Obama is gearing up for a second term in office, but some members of his Cabinet are on their way out, experts tell Federal News Radio. The legwork for these top- tier changes and others is already in motion behind-the-scenes.

Friday - 11/09/2012, 08:54am EST
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How will recent legislative proposals affect federal officers and agents?

Jon Adler, president of the Federal Law Enforcement Officers Association, and Tony Vergnetti, president of Federal Employee Defense Services will update us on recent legislative work during lame duck session.
November 2, 2012

Friday - 11/02/2012, 05:14pm EDT
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Judge backs NASA lab in work discrimination case

A California judge has tentatively ruled in favor of NASA's Jet Propulsion Laboratory in a wrongful termination lawsuit brought by a former computer specialist who alleged he was singled out in part because of his belief in intelligent design.

Friday - 11/02/2012, 07:13pm EDT

Army to rebalance workforce at expense of civilians, contractors

Chief of Staff Gen. Ray Odierno said the service wants to bring more uniformed men and women into the institutional Army. He said they have relied too much on civilian employees and contractors over the last decade. Odierno said the Army also has to change the way it trains its leaders to be more adaptable.

Friday - 11/02/2012, 02:54pm EDT
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Campaign issue comparison & campaign finance

On this week's Bloomberg Government Capital Impact show, analysts will discuss the presidential candidate's positions on defense spending and their energy policies. Also, who is contributing to the campaigns?
November 1, 2011

Thursday - 11/01/2012, 04:29pm EDT
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Postmaster General urges quick action in lame duck session

Postmaster General Patrick Donahoe says his number one priority is seeing legislation passed in the upcoming lame-duck session of Congress that will help the U.S. Postal Service get out of debt. In an exclusive interview with Federal News Radio, Donahoe details the latest on the agency's financial situation, buyouts, the consolidation of mail processing centers, and its plan to cut window hours at half of its post offices across the country.

Thursday - 11/01/2012, 03:38am EDT
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Agencies initiate IT cut-and-invest strategy

Agencies have identified 98 opportunities where they can save real money by consolidating IT systems or by implementing better buying processes. In an exclusive interview, federal CIO Steven VanRoekel said most fall in the commodity IT areas of email, servers and other areas where agencies tend to spend a lot of money for IT.

Monday - 10/29/2012, 09:44am EDT
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Panetta calls on lame duck Congress to resolve sequestration

Pentagon makes one more plea for a resolution to sequestration. A regular budget, an annual authorization bill and a resolution to the fight over cybersecurity laws would be helpful as well.

Monday - 02/18/2013, 02:04pm EST
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Energy Department missing big opportunity to cut travel costs

An inspector general report found that while the Energy Department "moved swiftly" to reduce travel spending by its employees following a White House directive, it omitted a sizable chunk of its workforce from those efforts: contractors. The IG recommended the agency take steps to reduce contractors' foreign travel spending. Because contractors greatly outnumber federal employees at DoE and make up the lion's share of foreign travel, they should be included in cost-reduction efforts, the IG said.

Thursday - 10/25/2012, 11:07am EDT

Open season means more than choosing health insurance

John Montague talks about life insurance and Sean Reilly discuses the U.S. Postal Service's finances and more this week on Your Turn.

Wednesday - 10/24/2012, 02:00am EDT
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Sequestration will not happen, Obama says in final debate

During Monday night's debate, President Barack Obama and Republican challenger Mitt Romney discussed their different approaches to cutting the budget, particularly in the area of military spending. Romney criticized the Obama administration for proposing cuts to military spending, particularly through sequestration. Obama countered sequestration would not happen, and he said he would maintain military spending based on the needs of the Defense Department.

Tuesday - 10/23/2012, 06:15am EDT

Broadcasting Board of Governors offers buyouts, early outs

Employees have until Nov. 9 to apply for a Voluntary Incentive Separation Payments (VSIP) and they must leave the agency by Dec. 31. Employees have until Nov. 30, 2013, to apply for a Voluntary Early Retirement Authority.

Monday - 10/22/2012, 02:08pm EDT

USPS hits borrowing limit for first time

The U.S. Postal Service hit its $15 billion borrowing limit for the first time late last month, the agency confirmed. The Wall Street Journal first reported earlier this week that the USPS reached the limit on the amount of money it can borrow from the Treasury Department and is now dependent solely on its own revenue to sustain operations.

Thursday - 10/18/2012, 06:22pm EDT

DISA offers 'off-ramps' for military services' IT expenses

The Defense Information Systems Agency sees itself as a safety valve for increasing pressure on military services' IT budgets. At a meeting of CIOs last week, DISA told the military services they could offload commodity IT services to their data centers.

Wednesday - 10/17/2012, 04:00am EDT
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Budget shortfalls driving CIOs' priorities

A new Federal News Radio survey of federal chief information officers shows that budget cuts are among their biggest concerns. Senior technology managers also said among the biggest benefits they are seeing from moving systems to the cloud is cost savings. DoD deputy CIO Rob Carey said the Pentagon is setting certain changes in motion as part of its move to the cloud to help deal with an assortment of challenges.

Wednesday - 10/17/2012, 07:02am EDT
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More than $18B spent on 'outdated and outlandish' projects, Coburn report says

Sen. Tom Coburn's report on government waste details spending on 100 government projects, programs and initiatives at a cost of $18 billion. The report also points to potentially systemic issues affecting federal management, such as the lack of strategic sourcing in federal acquisition and the General Services Administration's outdated contract schedules.

Tuesday - 10/16/2012, 04:31pm EDT

Issa seeks answers on layoff notices from defense companies

Chairman of the House Oversight and Government Reform Committee Darrel Issa (R-Calif.), wrote to the heads of 10 defense companies seeking information about the legal justification for not issuing notices of potential layoffs due to the across-the-board defense cuts set to go into effect Jan. 2. If contractors don't issue the notices and contracts are, in fact, terminated or modified, then agencies will pick up the contract-termination and employee compensation costs, the Office of Management and Budget stated in guidance issued late last month. But Republican lawmakers have argued the White House doesn't have the legal authority to ask companies to not comply with the law.

Monday - 02/18/2013, 02:13pm EST

Biden, Ryan wrangle over budget, defense cuts

Rep. Paul Ryan (R-Wis.) said President Barack Obama has failed to produce a workable budget plan, while Vice President Joe Biden said budgets introduced by Ryan "eviscerated all the things that the middle class cares about."

Friday - 10/12/2012, 10:43am EDT
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