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- Health IT: A Policy Change Agent
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- One Step to the Cloud, Two Steps Toward Innovation
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Shows & Panels
President Barack Obama and former Massachusetts Gov. Mitt Romney contrasted their approaches in how they would reduce the federal deficit and how they defined what the role of the federal government is during a nationally televised debate Wednesday night.
A Federal News Radio exclusive survey of chief acquisition officers and senior procurement executives showed most are not preparing for budget cuts or sequestration. These acquisition executives also say they are protecting money for training acquisition workers. OFPP Administrator Joe Jordan said his office is helping agencies make better decisions about how and where to spend money.
John Czajkowski, deputy director for management at the National Cancer Institute, is this week's guest on Agency of the Month.
Lockheed Martin will not issue layoff notices — known as Worker Adjustment and Retraining Notification (WARN) notices — if the automatic, across-the-board cuts known as sequestration take effect Jan. 2.
President Barack Obama signed a continuing resolution Friday to fund government operations through March 27, 2013. The legislation represents a 0.6 percent across-the-board increase above fiscal 2012 levels. It also extends the federal pay freeze.
Agencies will be liable for many of the costs coming from the termination of contracts, including legal fees and employee compensation costs, if sequestration happens Jan. 2, 2013 and if vendors do not issue layoff notices this fall.
The U.S. Postal Service, on the brink of default on a second multibillion-dollar payment it can't afford to pay, is sounding a new cautionary note that having squeezed out all the cost savings within its power, the mail agency's viability now lies almost entirely with Congress.
On this week's edition of Bloomberg Government's Capital Impact show, analysts will discuss the deficit's impact on Medicare and Medicaid, the costs of requiring capital buffers on money market funds. Plus, what legislation will Congress tackle in its lame-duck session?
Setember 27, 2012
For the second time in as many months, the cash- strapped U.S. Postal Service says it will default on a required payment to fund future postal retirees' health benefits. The announcement comes after the agency similarly missed a $5.5 billion payment last month, and as longterm legislative solutions languish in Congress.
The congressional ritual of punting budget work into the next fiscal year has helped agencies prepare their workforces for sequestration. Managers have learned much over the past few years about preparing contingency plans.
As the make-or-break sequestration deadline draws closer, top federal officials are increasingly using (or at least thinking) the F-word, Senior Correspondent Mike Causey says.
The Federal Retirement Thrift Investment Board — which manages federal employees' Thrift Savings Plan accounts — approved a 19 percent budget increase for the coming year, allowing it to fund new cybersecurity and hiring initiatives. The $170.5 million budget, which is more than $27 million above 2012 levels, was agreed to following a "rigorous review," the board's director of external affairs, Kim Weaver, told In Depth with Francis Rose.
Six senators sent a letter to their Senate leaders asking for a bipartisan effort to end the threat of automatic, across-the-board budget cuts due to take effect in January.
The agency has chosen to let some acquisition schedules slip, as a solution to constrained budgets. By doing so, CBP increases the likelihood of successful acquisition projects, said an agency executive.
The agency is changing its approach to the Einstein tool to keep up with the changing technology. Mark Weatherford, under secretary for cybersecurity, said on Agency of the Month that DHS is helping agencies be more proactive in defending their networks. He isn't worried about the turnover in his office.
Congress early Saturday completed its major task for the week with Senate passage of a six-month stopgap spending bill to keep federal agencies running past the end of the budget year and the elections.
Robert Hale, the military's CFO, said reductions in force would cost more money than the Defense Department would save. But hiring a freeze and involuntary unpaid furloughs would be likely for civilians.
On this week's Bloomberg Government Capital Impact, analysts discuss OMB's sequestration report and how highway funding is affected. Plus, how much money are Super-Pacs spending on this year's presidential election.
September 20, 2012
A spending bill required to avoid a government shutdown at the end of the month has cleared a procedural hurdle in the Senate.
DoD's top financial manager says the Pentagon is pressing forward to meet Congressional edicts for auditable financial statements. But constant federal budget emergencies are sapping huge amounts of energy from the financial workforce tasked with preparing for audit.
The General Services Administration is offering buyouts and early retirements to 1,022 employees. The employees have until July 20 to apply and must separate from service between Aug. 3 and Sept. 30.