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10:34 pm, February 28, 2015

Budget News

Larry Korb, Senior Fellow, Center for American Progress

Congress is capping the pensions of top military officials in 2015. As part of National Defense Authorization Act, pensions for generals and admirals will be trimmed to ensure they make no more in retirement than they did on active duty. That reverses a 2007 law designed to help retain officers during wartime. What effects, if any, will this have on the military's ability to retain its senior officers? Larry Korb is a senior fellow at the Center for American Progress and former assistant secretary of Defense for manpower and reserve affairs. He joined Tom Temin on the Federal Drive with a look at this measure.

Monday - 12/15/2014, 09:55am EST
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Senate OKs defense policy bill

Senate backs defense bill expanding military campaign against Islamic extremists

Saturday - 12/13/2014, 10:10am EST

Congress OKs Border Patrol overtime pay reform bill

The goal of S. 1691, or the 2014 Border Patrol Agent Pay Reform Act, is to address and streamline Administratively Uncontrollable Overtime (AUO), the extra pay agents receive when their work demands they remain on the job beyond scheduled hours.

Friday - 12/12/2014, 04:07pm EST

House approves $1.1T bill financing government

GOP House OKs $1.1T bill funding government after Obama helps round up Democratic votes

Friday - 12/12/2014, 08:34am EST

OMB holds shutdown calls 'over abundance of caution'

As a matter of "caution," the Office of Management and Budget discussed shutdown contingencies with agencies today as Congress continues to debate a bipartisan budget deal. Federal funding runs out at 12:01 a.m. Friday.

Thursday - 12/11/2014, 05:24pm EST

Coming at you in fiscal 2015: Highlights of the omnibus

What federal employees should know about the $1 trillion, 1,603-page spending bill for fiscal 2015.

Wednesday - 12/10/2014, 05:32pm EST

Lawmakers seal deal on $1.1T spending bill

House, Senate lawmakers seal bipartisan deal on $1.1T spending bill preventing shutdown

Wednesday - 12/10/2014, 04:10am EST

Lawmakers agree on $1.1 trillion spending bill

Lawmakers reach deal on $1.1 trillion spending bill, may add pension provision

Wednesday - 12/10/2014, 03:08am EST

Key lawmakers seek pension changes

Lawmaker discuss change to allow pension reductions at endangered multi-employer plans

Tuesday - 12/09/2014, 03:10am EST

DoD awards contracts for its first large-scale financial audit

This week, the Pentagon awarded a series of contracts to outside accounting firms to begin the widest-ranging series of external financial audits in the department's history.

Monday - 12/08/2014, 04:25am EST

House leaders move to avoid immigration showdown

House GOP leaders move to skirt immigration showdown, complete plan to keep government open

Friday - 12/05/2014, 04:16pm EST

Tom Shoop, Editor in Chief, Government Executive

A budget battle is still waging in Congress. This time, it's President Barack Obama's immigration order that could led to a government shutdown. But an omnibus spending bill is now gaining traction in the House. It funds most agencies for a full year but gives the Homeland Security Department funding for a few months. That gives Congress time to revisit the President's immigration policy when Republicans take over the Senate next year. Tom Shoop, editor-in-chief of Government Executive magazine, tells In Depth with Francis Rose why this situation isn't anything new.

Friday - 12/05/2014, 03:55pm EST
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Todd Harrison, Senior Fellow, Center for Strategic and Budgetary Assessments

The big national defense authorization bill is moving through Congress. It passed the House yesterday, and the Senate is expected to take it up next week. In purely military spending terms, the bill is a mixed bag. Some programs and platforms get plus-ups, others get cuts. Todd Harrison is a senior fellow at the Center for Strategic and Budgetary Assessments. He's been studying the bill, and joined Tom Temin on the Federal Drive to analyze the bill's winners and losers.

Friday - 12/05/2014, 07:58am EST
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Ready...set...wait for a budget!

How does an agency make any kind of execution plans when it has no idea how much money will be appropriated when Congress finally passes a budget or a full-year continuing resolution, asks former DHS senior executive Jeff Neal?

Friday - 12/05/2014, 02:00am EST

AP sources: Lawmakers agree on $585B defense bill

AP sources: Lawmakers agree on $585B bill with training for Syrian rebels, Iraqi forces

Tuesday - 12/02/2014, 09:30pm EST

Feds: From ecstasy to agony at warp speed

We are now in a situation where a bonus holiday after Christmas and a government shutdown are both theoretically possible, says Senior Correspondent Mike Causey.

Tuesday - 12/02/2014, 02:00am EST

David Hawkings, Senior Editor, Roll Call

The work begins for Congress today, and next Thursday is the deadline to finish some of the most important work of the year. David Hawkings is Senior Editor of Roll Call and writes the Hawkings Here blog. He says a cromnibus looks like a possible solution to the CR deadline next Thursday.

Monday - 12/01/2014, 04:44pm EST
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Continuing resolution or omnibus? Decision looms for Congress as holidays approach

When Congress returns on Dec. 1, it will be pressed for time on deciding its next course on funding before the current continuing resolution expires at midnight on Dec. 12.

Friday - 11/28/2014, 12:13pm EST
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CBO deficit report advises smaller fed workforce

In a new report on reducing the federal deficit, the Congressional Budget Office suggests that cutting 70,000 government jobs over the next decade and changing the math used for civilian and military pensions could save $100 billion.

Wednesday - 11/26/2014, 11:24am EST

Hagel successor expected to fight more threats, increase DoD spending

Defense Secretary Chuck Hagel's decision to resign Monday has produced plenty of speculation about his successor. Military experts retired Maj. Gen. Arnold Punaro and Jim Thomas of the Center for Strategic and Budgetary Assessments said the new DoD secretary will likely lobby Congress for more money to deal with new threats.

Wednesday - 11/26/2014, 05:12am EST
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