3:42 pm, May 18, 2013
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Budget News

Analysis: Sequestration would drive contractors over 'fiscal cliff'

Defense contractors are growing increasingly worried about the automatic, across-the-board budget cuts, known as sequestration, which are set to take effect in January. Marion Blakey, the president and CEO of the Aerospace Industries Association, said the cuts would hit the defense industry particularly hard.

Monday - 06/18/2012, 10:00pm EDT
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Vendors start to see contracts slowing down with sequestration looming

Contractors warn of possible layoffs due to potential budget cuts. Some companies are in waiting mode to see what happens with Congress over the next six months.

Friday - 06/15/2012, 04:27pm EDT
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DHS demos cyber attack to help sway lawmakers to pass a cyber bill

The Homeland Security Department showed lawmakers and staff how easy it is to create a spear phishing attack against a federal employee using free, open-source tools. The agency also said the Einstein 3 program is under development and will rely on vendors to provide intrusion prevention services. Sen. Joe Lieberman (I-Conn.) said he expects the cyber bill to go to the Senate floor for debate no later than July.

Thursday - 06/14/2012, 08:44am EDT
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Panetta warns of 'disaster' from defense cuts

Defense Secretary Leon Panetta pleaded with Congress Wednesday to avoid the disaster of automatic defense cuts even as he criticized lawmakers' affection for protecting aging ships and aircraft.

Wednesday - 06/20/2012, 02:57pm EDT

DoD bolsters acquisition workforce in face of budget pressures

Tighter budgets and the threat of sequestration have not discouraged the Defense Department from increasing the size of its acquisition workforce, officials said. DoD is adding 20,000 employees to buy more efficiently.

Wednesday - 06/13/2012, 11:27am EDT
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NWS could furlough 5,000 employees to cover budget shortfall

The National Weather Service says it must furlough as many as 5,000 employees for 13 days by Sept. 30, unless Congress allows the agency to move around funds within its budget.

Friday - 06/08/2012, 08:17am EDT

OPM survey to help agencies make tough budget decisions

OPM Director John Berry said the agency changed the annual survey to give agencies more insight into the morale and thoughts of their employees. Berry said agencies in their zeal to cut budgets shouldn't forget the importance of training.

Friday - 06/08/2012, 03:22am EDT
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Agencies sitting on $70B in unspent funds, report finds

A congressional report released today outlines $70 billion of unspent federal dollars that could have helped disaster victims, spurred highway construction and fund education programs.

Thursday - 06/07/2012, 08:09am EDT

Prince William becomes search and rescue captain

Royal officials say Prince William has qualified as an operational search and rescue captain in the Royal Air Force.

Monday - 06/20/2011, 04:40pm EDT

What's next for feds?

NARFE president Joseph Beaudoin and Federal Times reporters Stephen Losey and Sean Reilly join host Mike Causey to talk about a wide variety of issues affecting federal workers.
June 6, 2012

Wednesday - 06/06/2012, 08:29pm EDT
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House Homeland Security bill denies civilian pay raise

The White House has threatened to veto a House bill providing funding for the Homeland Security Department, taking issue with many of the bill's provisions, including a denial of a civilian pay raise. The committee bill also doesn't include any new funding for the agency's data-center consolidation efforts or construction for its new headquarters.

Thursday - 06/07/2012, 09:49am EDT

September Defense spending spree takes on new urgency

The Office of Management and Budget estimates that $83.5 billion in previous years' Department of Defense funds will remain unobligated on Sept. 30, the end of fiscal 2012, reports Kevin Brancato and Robert Levinson of Bloomberg Government.

Thursday - 02/14/2013, 03:05pm EST
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Tighter budgets, reorganization prompt more labor disputes

As more agencies make changes to streamline operations and save money, more employees are complaining about unfair labor practices. In response, the Federal Labor Relations Authority is taking steps to educate the workforce and labor groups about labor-management and collective bargaining rules.

Thursday - 06/07/2012, 08:27am EDT
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CBO issues bleak long-term budget outlook

The Congressional Budget Office is again warning that the government's mounting debt problems threaten to swamp the economy unless policymakers move to arrest out-of-control deficits.

Wednesday - 06/06/2012, 05:11am EDT

Contingency contracting a slowly turning tide, budget shows

The State Department's share of overseas contingency contracting has grown over the last few years as the department took on new activities and functions as the military departed Iraq. Still, the budget shows, the Defense Department is the main player in overseas contingency contracting. And there's no guarantee Congress won't turn to the foreign affairs budget in its efforts to dramatically reduce the deficit.

Friday - 06/15/2012, 11:58am EDT

OMB directs agencies to use evidence-based budgeting

The White House wants to take a more evidence- based approach to budgeting. That means agencies will have to show a return on the investment on their programs, with more successful programs being more likely to receive funding.

Tuesday - 06/05/2012, 12:24pm EDT
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House passes veterans funding bill

The Republican-controlled House approved legislation Thursday to boost health care spending for veterans and provide more money to compensate record numbers of Iraq and Afghanistan war veterans claiming service-related disabilities as they return home.

Thursday - 05/31/2012, 10:24pm EDT

DoD lectures Congress on budget 'rules of the game'

Defense Deputy Secretary Ashton Carter said for every dollar lawmakers add to the military's budget or for every program they continue that the Pentagon wants to cancel, it requires cuts elsewhere. He also called sequestration irrational and said DoD is not planning for it.

Thursday - 05/31/2012, 03:26pm EDT
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Covering your assets

Host Mike Causey will talk retirement, the TSP, and more with attorney Tom O'Rourke and Federal Times senior writer Stephen Losey.
May 30, 2012

Wednesday - 05/30/2012, 07:35pm EDT
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White House issues veto threat on veterans bill

The White House is warning that President Barack Obama will veto a widely popular House spending bill for veterans' programs and construction projects at military bases.

Thursday - 05/31/2012, 03:58am EDT
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