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Budget News

USPS makes case for ending Saturday delivery as postal reform push continues

The U.S. Postal Service's worsening financial situation led Postmaster General Pat Donahoe to announce last week the agency would end Saturday mail delivery beginning in August. But lawmakers on the Senate Homeland Security and Governmental Affairs Committee were divided over Donahoe's announcement. The postmaster general told the committee during a hearing Wednesday the decision was necessary to save $2 billion a year and to begin shoring up the service's funding shortfalls.

Wednesday - 02/13/2013, 03:05pm EST

Obama calls on Congress to stop sequestration, pass cyber bill

President Obama used his State of the Union speech Tuesday night to reiterate common management themes that have been part of the administration's push over the last four years.

Wednesday - 02/13/2013, 04:30am EST

Top officers issue urgent warning over budget cuts

US military's top leaders says looming spending cuts may leave troops unprepared for combat

Tuesday - 02/12/2013, 07:14pm EST

Are contractors exaggerating sequestration impact?

As sequestration draws nearer, contractor groups have pointed to alarming studies that show the 9 percent in across-the-board Defense cuts would throw at least 1 million people out of work and potentially cripple the defense and aerospace industries. But in a new report, the Center for International Policy, a nonprofit group which advocates reducing military spending, presented evidence that far fewer defense-sector jobs would be lost than industry has claimed and that defense companies would likely be able to absorb the defense cuts.

Wednesday - 02/13/2013, 04:48am EST
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Inside the Reporter's Notebook: 2014 IT budget passback is much ado about nothing

News and buzz from the last two weeks includes a new legislative proposal from Rep. Darrell Issa on suspension and debarment and round two of the Presidential Innovation Fellows program.

Tuesday - 02/12/2013, 10:21am EST

Air Force: Sequestration already creating 'chronic inefficiency'

The Air Force's long-range planning and modernization takes back seat to preparations for near-term crises, including contingency plans to scale back civilian workforce. Civilian furloughs would be "breach of faith," Air Force says.

Friday - 02/08/2013, 04:01pm EST

OMB details widespread furloughs, cuts to agency programs under sequestration

OMB details hundreds of thousands of furloughs and cuts to nearly every agency program. Danny Werfel, OMB controller, said the effective percentage cut to each civilian agency would be about 9 percent and 13 percent for DoD over the next seven months.

Friday - 02/08/2013, 02:51pm EST
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Civilian discretionary spending under scrutiny

On this week's Bloomberg Government show, nine programs that make ideal targets for budget cuts.
February 7, 2013

Thursday - 02/14/2013, 05:35pm EST
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Pentagon to pare back military pay increase request for 2014

DoD's 2014 budget will ask Congress for a 1 percent increase in military pay, down slightly from previous projections.

Wednesday - 02/13/2013, 10:45am EST

USPS employees to see less overtime, more buyouts under 5-day delivery plan

Postmaster General Patrick Donahoe said the service can no longer afford to delivery first class mail six-days a week. He said cutting back by one day a week would save about $2 billion a year. USPS still would have a $14 billion deficit and needs help from Congress to address other fiscal challenges.

Thursday - 02/07/2013, 11:06am EST
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GOP sequestration plan calls for reducing federal workforce

Republicans on the House and Senate Armed Services Committees have proposed an alternative to the automatic budget cuts set to go into effect next month that includes reducing the size of the federal workforce by 10 percent through attrition.

Wednesday - 02/13/2013, 10:47am EST
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Obama urges stopgap budget deal to avoid deep cuts

Obama urges a short-term budget deal to avoid deep cuts as deficits slightly shrink, for now

Wednesday - 02/06/2013, 01:57pm EST

Furloughs vs. buyouts

Are you sick of hearing the F-word coming out of Washington? Would you offer yourself up as buyout bait? If the answer to either is yes, check out Senior Correspondent Mike Causey's Federal Report for the latest forecast.

Wednesday - 02/06/2013, 02:04pm EST

Civilian agencies set to release sequestration details to employees

Civilian federal agencies are expected to begin telling their employees how automatic budget cuts set to go into effect in March will affect them, according to federal-employee unions who were briefed by Obama administration officials. The Office of Management and Budget gave agency heads the go-ahead to begin communicating to their employees as early as Tuesday about the possible effects of sequestration, including employee furloughs.

Wednesday - 02/06/2013, 01:58pm EST

Obama seeks to delay sequester with short-term fix

President Barack Obama is asking Congress for a short-term deficit reduction package of spending cuts and tax revenue that will delay the effective date of steeper automatic cuts now scheduled to kick in on March 1. Obama said the looming cuts would be economically damaging and must be avoided.

Wednesday - 02/06/2013, 02:07pm EST

Obama to visit Israel in first visit as president

President Barack Obama plans to visit Israel in the spring, marking his first visit to the nation since becoming president.

Tuesday - 02/05/2013, 01:39pm EST

Contractors can expect uncertain, difficult times ahead, expert says

Michael Tinsley, CEO of NeoSystems Corp., tells The Federal Drive with Tom Temin and Emily Kopp, there's little contractors can do to influence agencies facing impending sequestration beyond maintaining good communications and weathering the storm.

Wednesday - 02/06/2013, 02:09pm EST
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Federal Drive Interviews -- Feb. 5, 2013

Robert Litan discusses a Bloomberg Government study about rule-making in the Obama administration. Michael Tinsley, CEO of NeoSystems Corp., offers insight on how furloughs might affect federal contractors. Procurement attorney Joe Petrillo weighs in on a a 2012 Supreme Court case that could come back to bite federal agencies facing budget cuts under sequestration. Gregory Wilshusen discusses a new GAO report on how prepared agencies are to fend of online assaults. John Palguta of the Partnership for Public Service talks about sequestration and the threat of furloughs.

Wednesday - 02/06/2013, 02:33pm EST

Obama to campaign for gun proposals in Minnesota

The fate of his gun proposals on Capitol Hill uncertain, President Barack Obama is seeking to rally support from the public and law enforcement community for his calls to ban assault weapons and install universal background checks for gun buyers.

Saturday - 02/18/2012, 01:27pm EST

By year's end, troops will be unable to respond to crises, Pentagon says

Shortfalls in operating accounts would mean military units would be undertrained, underequipped and unable to deploy by the end of fiscal 2013, senior DoD officials predict.

Wednesday - 02/06/2013, 02:35pm EST
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