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On this week's Capital Impact show, Bloomberg Government analysts participate in a roundtable discussion of the budget deal, the Volker Rule, and Bitcoin.
December 26, 2013
Tags: acquisition , budget , budget 2014 , Paul Ryan , Volker Rule , banking regulation , Bitcoin , Allen Scott , Melissa Avstreih , Nela Richardson , Chris Payne , Bloomberg Government , Capital Impact ,
On this week's Capital Impact show, Bloomberg Government analysts will discuss how the budget deal will affect next year's government funding,and how budget cuts are affecting U.S. defense industrial capabilities.
December 19, 2013
Audits find contract security personnel, which make up the vast majority of the Federal Protective Service's workforce, receive no meaningful training on how to deal with armed attackers. And many operators of X-ray machines and metal detectors at building entrances likely have never been trained to properly use them.
From super soldiers to stay-at-home feds, Sen. Tom Coburn (R-Okla.) identified 100 programs that have generated almost $30 billion in wasteful spending by the federal government in 2013.
The bipartisan budget deal announced this week goes a long way toward clearing up the widespread budget uncertainty that has plagued federal agencies for the last two years. But it doesn't actually set individual agency funding for next year. That's the job of the House and Senate Appropriations Committees, the leaders of whom now must write an official spending bill that spell out exactly how much each agency gets to spend next year and on what. Rep. Hal Rogers (R-Ky.), the chairman of the House committee, said Thursday he would begin work on an omnibus spending bill to fund agencies next year.
Personality-wise are you usually happy or sad? Would friends and family describe you as an upper or a downer? The way you view the bipartisan budget deal may tell a lot about whether you are a glass-half-full or glass-half-empty person, Senior Correspondent Mike Causey says.
Top Air Force officials say lower budgets will force them to propose cuts Congress won't like. But if lawmakers insist on protecting politically-favored programs, money will have to come from somewhere else.