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Budget News 
2013 Budget Resources
Top News
- VA chipping away at oldest disability claims in backlog
- What's the latest on phased retirement?
- New mobile tools gives agencies ‘giant innovation permission slip'
- Congress pressures agencies to speed up office consolidations
- Furlough Friday: Multiple agencies took advantage of holiday weekend
- Data breach puts DHS employees at risk of ID theft
- IRS replaces official in Tea Party controversy
- Commerce nominee sails through hearing
- Obama nominates Archuleta as next OPM director
- FedRAMP achieves another cloud security milestone
- Tangherlini to be nominated as permanent GSA chief
- House GOP panel moves on deep budget cuts
- OMB reworking financial system requirements
- Federal retirement funds temporarily tapped
- Friday federal headlines - May 24, 2013
Medina advocates better CHCO communication to stop budget axe
Federal chief human capital officers should develop a consistent message about the effects of budget cuts on human resources, said CHCO Council Executive Director Kathryn Medina. The goal is to explain the tangible effects of spending reductions on core agency missions.
Analysis: Defense contractors already reducing workforce
The Project on Government Oversight reviewed the size of five of the largest defense contractors and found three of the five were reducing their workforces even as the Defense Department's procurement budget ballooned between 2006 and 2011.
Army under secretary: With or without sequestration, DoD will shrink
Army Under Secretary Joseph Westphal said if the automatic spending cuts known as sequestration go into effect, the impact to the Defense Department will be "devastating." At the same time, the DoD still must plan for cuts as tight budget continue and combat operations shrink.
SSA offers early retirement to 9,000 employees
To be eligible, employees must have 20 years of creditable service and be at least 50 years of age, or have at least 25 years of creditable service at any age, including five years of civilian service, according to an SSA email to Federal News Radio.
Major changes to performance management in OMB budget guidance
The White House issued the updated Circular A-11 guidance for the 2014 budget development. The performance management section includes some of the most significant changes. In an exclusive interview with Federal News Radio, OMB's Shelley Metzenbaum said agencies have a multi-year plan to improve programs and accountability.
The nuts and bolts of the sequester
Republicans and Democrats are sounding the alarm: The budget sequester is coming and we have to do everything to stop it.
Obama signs law requiring report on spending cuts
President Barack Obama has signed a law requiring him to report to Congress on where his administration would make some $110 billion in cuts to defense and domestic programs required by a deficit-cutting plan.
OMB budget guide details retirement contribution rates for future feds
The payroll tax cut deal made earlier this year included provisions to increase new federal employees' retirement contributions. We've posted a chart detailing how much employees and agencies will contribute.
Panetta throws in the towel on 2013 base closures
Defense Secretary Leon Panetta says it's now clear another round of BRAC isn't in the cards in the immediate future, but maintains it will be necessary to keep a "balanced force."
Calm Before The Storm
August is hot in DC, Atlanta, Houston, St. Louis and Cincinnati and lots of other places too. But those of us inside the Beltway get a break you don't...that's because for the next month...until after Labor Day, tens of thousands of the people who at times make this such a toxic town are away — back with the folks who sent them here in the first place.
OMB, DoD remain mum on sequestration's impact on specific programs
Agencies should not change their spending plans for this year or next, but need to start assessing which programs would be impacted by automatic sequestration cuts if Congress doesn't cancel them, OMB acting Director Jeff Zients told Congress Wednesday.
OMB to begin planning for sequestration
Faced with congressional inaction in averting looming across-the-board cuts that take effect in January, the Office of Management and Budget will begin meeting with agency leaders to discuss how the cuts will be implemented. In a memo to agency heads, OMB Director Jeff Zients said his office will consult with agencies to determine which budget accounts and programs are exempt from sequestration.
Reid, Boehner announce stopgap spending deal
The top Republican and Democrat on Capitol Hill have announced an agreement to keep the government running on autopilot for six months when the current budget year ends on Sept. 30. The announcements by Democratic Senate Majority Leader Harry Reid and GOP House Speaker John Boehner are aimed at averting any chance of a government shutdown this fall. The leaders said an official vote on the bill won't come until September.
Federal agencies owe the IRS at least $28M in fees
The Treasury Inspector General for Tax Administration evaluated six random reimbursable agreements IRS made with agencies and found a lot of money went uncollected.
End of the world delayed?
Good news, bad news. The good news is that the end of the world — in your case, maybe extended furloughs or even a layoff — is likely to be extended. Things are currently scheduled to go boom early next January. But there are signs that Congress may delay the day of reckoning until March or April of 2013. Now your only worry is the Mayan calendar, Senior Correspondent Mike Causey says.
Small contractors could be hit hardest under planned Defense spending cuts
Small and medium-sized contractors and suppliers receive 75 percent of appropriated dollars for defense or military programs. But these small businesses, who lack the lobbying power of top- tier defense contractors, may suffer more from sequestration than big companies.
Labor Dept. says defense layoffs 'speculative,' no need for warning
Defense industry executives have spent the last few weeks warning that across-the-board budgets cuts that go into effect in January, could force them to issue notifications to employees in the fall to warn of impending layoffs. However, in a new memo issued Monday, the Labor Department said the lack of clarity about how the cuts would be applied means it would be "inappropriate" to issue Worker Adjustment and Retraining Notification (WARN) Act notifications.
USPS: We will default on $5.5B payment due this week
The U.S. Postal Service is bracing for a first-ever default on billions in payments due to the Treasury, adding to widening uncertainty about the mail agency's solvency as first-class letters plummet and Congress deadlocks on ways to stem the red ink. With cash running perilously low, two legally required payments for future postal retirees' health benefits - $5.5 billion due Wednesday, and another $5.6 billion due in September - will be left unpaid, the mail agency said Monday.
Panel: Budget preparation best practices
Panelists are former Energy CFO Owen Barwell and Treasury Department's Nani Coloretti.
Bill demanding details on sequestration heads to President's desk
Legislation forcing the White House to explain how the across-the-board budget cuts known as sequestration will affect individual agencies is now waiting for President Barack Obama's signature. The Senate unanimously approved the Sequestration Transparency Act of 2012 Wednesday, which requires the administration to detail within 30 days how the $1.2 trillion over 10 years in automatic cuts will be applied. The House passed its version of the bill last week in a 414-2 vote.
