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Search Tags: 2014 budget
News and buzz in the acquisition and IT communities that you may have missed this week.
On this week's Capital Impact show, Bloomberg Government analysts discuss President Obama's 2014 budget proposal, and patent litigation settlements involving pharmaceutical companies.
April 18, 2013
Tags: acquisition , contracting , President Barack Obama , Congress , deficit reduction , Loren Duggan , Cameron Leuthy , Federal Trade Commission , patent litigation , pay for delay , Brian Rye , Allen Scott , Bloomberg Government , Capital Impact
The Defense Department's 2014 budget proposal reduces the size of the civilian workforce slightly, increases TRICARE premiums, and requests another round of base closures. It also calls for a slight raise for both civilian employees and uniformed servicemembers. The budget significantly exceeds the Defense spending caps in current law.
The White House asked Congress for a $2 billion increase in federal technology funding for fiscal 2014. Federal CIO Steve VanRoekel said there is broad recognition that the time to invest in IT is now because of the long-term savings and benefits it can bring.
President Barack Obama wants to make federal service cool again. But his budget proposals, which would reduce future retirement benefits and force feds to pay more for them, has a lot of current civil servants hot under the collar, Senior Correspondent Mike Causey.
Federal employees would see a slight pay bump next year under President Barack Obama's proposed budget for 2014. But at the same time, the White House budget outline proposes sweeping changes to federal employees' retirement benefits, including reductions to annual cost-of-living increases for retirees.
We continue our weeklong series, Rise of the Money People, by interviewing GAO Chief Accountant Bob Dacey about fuzzy federal agency budget sheets and Tim Lawler, director of the grants management practice at Grant Thornton, about fine-tuning the grants process.
President Barack Obama is calling for the implementation of the "chained Consumer Price Index" to measure inflation. The change will reduce cost-of-living adjustments for retired federal employees and Social Security recipients. The 2014 budget is officially scheduled for release on Wednesday.
Absent structural changes, the combination of 10-year budget caps Congress has already approved and rising growth in personnel costs mean DoD would be able to sign paychecks, administer healthcare benefits and not much more.