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Shows & Panels
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.
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.
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.
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.
On this week's Bloomberg Government show, nine programs that make ideal targets for budget cuts.
February 7, 2013
DoD's 2014 budget will ask Congress for a 1 percent increase in military pay, down slightly from previous projections.
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.
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.
Obama urges a short-term budget deal to avoid deep cuts as deficits slightly shrink, for now
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.
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.
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.
President Barack Obama plans to visit Israel in the spring, marking his first visit to the nation since becoming president.
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.
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.
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.
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.
President Barack Obama says the U.S can reduce its budget deficit by closing tax loopholes and making "smart" reductions in spending.
On this week's Bloomberg Government Capital Impact show, analysts examine the hurdles that remain for natural gas vehicles. Plus what does the future hold for housing, jobs and the debt limit in 2013?
January 31, 2013
Congress sent President Barack Obama drama-free legislation on Thursday raising the debt ceiling, averting a government default and putting off the next tax-and-spending clash between the White House and Republicans until later in the year.