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- One Step to the Cloud, Two Steps Toward Innovation
- Path to FDCCI Compliance
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Shows & Panels
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.
The military's top leaders are warning Congress that automatic spending cuts looming in March would force the Pentagon to slash operating budgets, weakening the armed forces and possibly forcing furloughs of 800,000 civilian employees.
Much of the media is treating the threat of a 22-day federal furlough as if it were a sporting event, Senior Correspondent Mike Causey says. But this is big-time, heavy economic stuff. A revenue-choker for struggling state and local governments and a possible threat to economic recovery.
There's a growing sense of resignation that the country's political leaders will be unable or unwilling to find a way around looming automatic spending cuts despite fresh signs the cuts would threaten the recovering economy.
Round one is already in effect and includes a civilian hiring freeze, cancellation of conferences, cutbacks on training, and a reduction in IT spending for the Navy. Round two would involve unpaid civilian furloughs, operational reductions for deployed ships, and cuts to tuition assistance for sailors.
Joe Jordan, administrator for Federal Procurement Policy at OMB, joins host Roger Waldron to discuss a wide range of procurement issues.
January 29, 2013
DoD's operations and maintenance accounts will likely be hit first if sequestration goes into effect. Unlike its procurement and research and development activities, which can continue to function on funds obligated in prior years, O&M dollars generally get spent right away. In preparation for sequestration, the Pentagon has already let go of tens of thousands of temporary hires and is drawing up a contingency plan for one-day-a-week furloughs. Deputy Secretary Ashton Carter says the unpaid furloughs would begin in April and continue through the remainder of the fiscal year if sequestration is not avoided.
The Defense Finance and Accounting Service will implement significant cost-cutting measures next week to prepare for the possibility of automatic spending cuts due to hit government in March. DFAS plans to freeze most hiring, reduce travel and overtime, and temporarily halt new employee performance awards, according to DFAS Director Terri McKay.
Upcoming deadlines in this year's budget and debt limit fight between President Barack Obama and congressional Republicans:
Joe Biden is thanking Democratic supporters in the afterglow of President Barack Obama's second inauguration, dropping plenty of hints that he may try to cement Obama's legacy with his own presidential campaign in 2016.
Senate Majority Leader Harry Reid says Senate Democrats will support a House Republican bill extending the government's ability to borrow for four months.
Incoming Senate Budget Committee Chairman Patty Murray says Democrats controlling the chamber will attempt to pass a budget for the first time since 2009.
The House has postponed a vote on a bill to extend the federal pay freeze through the rest of 2013. In its place, the House is set to vote on a measure withholding congressional pay unless lawmakers pass a budget — part of a broader deal to extend the debt limit.
Guidance from the administration on what steps federal agencies should take to prepare for potential across-the-board budget cuts has set off a war of words between federal-employee unions and industry groups. The American Federation of Government Employees says guidance exempts contractors at the expense of federal employees, but industry groups say the criticism is misguided.