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7:07 pm, July 25, 2014

Budget News

Navy pushes for total server virtualization to cut costs

The Department of the Navy will begin to virtualize its services and hopes to achieve total server virtualization by 2017, in an effort to cut costs. The service has been active in cutting IT costs in the wake of Defense budget cuts.

Thursday - 08/01/2013, 06:02am EDT

Hagel: Budget cuts could harm nation's defense

Hagel: Budget cuts could cause 3 aircraft carriers to be mothballed, shrink Army, Marine Corps

Wednesday - 07/31/2013, 08:28pm EDT

Hagel lays out options for dealing with sequestration beyond 2014

Defense Secretary Chuck Hagel says service members will have to share in the pain of sequestration if the automatic budget cuts continue into next year. In a Pentagon press briefing Wednesday, Hagel laid out a "menu of options" for dealing with sequestration in 2014 and beyond, including changes to military pay and benefits, consolidating headquarters staff and a potential modest reduction in military force structure.

Wednesday - 07/31/2013, 04:29pm EDT
Listen

Government market ground zero

Bill Gormley, president of the Gormley Group and Cameron Leuthy, senior budget analyst at Bloomberg Government, will discuss sequestration and its impact on the government and contracting.
July 30, 2013

Tuesday - 07/30/2013, 10:36pm EDT
Listen

Contractor hiring, morale take sequestration hit

With fewer new federal contracts on the horizon, vendors are trimming staff, changing direction and hedging their bets as sequestration plays out, according to the results of an exclusive Federal News Radio survey. Contractors are also blaming sequestration for low morale in their offices.

Tuesday - 07/30/2013, 04:26am EDT

The state of government contracting

Deltek's Kevin Plexico and Scott Lewis of PS Partnerships, will talk about the challenges facing contractors in this tough budget environment.
July 29, 2013

Monday - 07/29/2013, 10:54pm EDT
Listen

Treasury's Lew: Congress needs to pass debt limit

Treasury Secretary Lew says Congress needs to do its job, raise debt limit, halt brinksmanship

Monday - 07/29/2013, 05:06pm EDT

OMB defines next steps for 'refreshed' management agenda

The White House wants agencies to justify why they want to invest in programs in fiscal 2015 using new data. The administration also is holding workshops to help agencies improve the use of evidence data to make decisions.

Monday - 07/29/2013, 02:17pm EDT

Federal 4th quarter spending spree offers contractors hope for return to normalcy

Many federal vendors are wary about what 2014 and beyond will bring when it comes to acquisitions. Vendors say they have to get creative internally and externally to survive further budget cuts.

Monday - 07/29/2013, 06:17am EDT
Listen

Contractors confronted with new type of waiting game due to sequestration

A new Federal News Radio online survey shows downward trends in the contracting market this year, and vendors have rising concerns in the out years about what this new normal means. The survey found 57 percent of the respondents have been negatively impacted by sequestration by fewer contract opportunities, and more than 55 percent of the respondents said when it comes to making contract awards over the last six months, the government has been in a state of paralysis.

Monday - 07/29/2013, 05:36am EDT
Listen

Tricky obstacles ahead to averting shutdown

Health care funding, more spending cuts are obstacles to averting government shutdown in fall

Sunday - 07/28/2013, 09:40am EDT

Dodd-Frank turns 3, housing and congress

On this week's Capital Impact show, Bloomberg Government analysts will discuss what's ahead for Congress, the implementation of Dodd-Frank, and possible changes to Fannie Mae and Freddie Mac.
July 25, 2013

Thursday - 07/25/2013, 11:48pm EDT
Listen

DoE restructures management offices to cut waste, improve security

The Department of Energy detailed to House lawmakers Wednesday its plans to create a new undersecretary for management and performance and expand its undersecretary of science office.

Thursday - 07/25/2013, 06:03am EDT

House passes DoD spending bill, prohibits furloughs in 2014

DoD officials briefed House Armed Services members about 2013 furloughs and are figuring out whether they can reduce the number of days employees have to take without pay.

Thursday - 07/25/2013, 05:31am EDT

House considers cuts to NSA surveillance programs

The Rules Committee voted late Monday to allow the House to begin voting on NSA amendments. The amendments cut funds for surveillance programs and impose limits on their operations.

Tuesday - 07/23/2013, 01:20am EDT

Pentagon chief can't offer hope in budget cuts

To troops and furloughed Defense civilians, Hagel offers empathy but no hope for budget help

Monday - 07/22/2013, 02:30pm EDT

Navy running out of options to reduce the pain of sequestration in 2014, beyond

Next fiscal year would lack the luxury of using prior-year unobligated funds to help fill the gap created by sequestration in 2013. The DoN also would still have more people on its payroll than it can afford to pay.

Monday - 07/22/2013, 05:56am EDT
Listen

DoD getting down to brass tacks with 2014 sequestration cuts

The military's two top ranking officers said in a Senate confirmation hearing that the department has been working on the plan for the past two weeks and should complete it by October.

Friday - 07/19/2013, 06:39am EDT

Senate to debate transportation, housing budgets

Senate to debate bill boosting transportation, housing budgets despite automatic cuts

Thursday - 07/18/2013, 07:00pm EDT

GSA, Treasury officials decry House committee budget shortfalls

Top officials at the Treasury Department and the General Services Administration say budget cuts being considered by House lawmakers - and that have since adopted by the House Appropriations Committee - would erode their agencies' missions. In sharply divided vote mostly along partisan lines Wednesday, the committee approved the fiscal 2014 Financial Services and General Government appropriations bill.

Thursday - 07/18/2013, 06:25pm EDT
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