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Search Tags: Paul Ryan
On this week's Bloomberg Government Capital Impact show, analysts will compare the House and Senate budget proposals, and discuss sequestration's impact on the economy.
March 21, 2013
Tags: acquisition , budget battle , budget cuts , health care , continuing resolution , sequestration , Bloomberg Government , Loren Duggan , Cameron Leuthy , Nela Richardson , Allen Scott , Capital Impact
House Budget Committee Chairman Paul Ryan (R-Wis.) asked auditors to review five different areas of sequestration. The Government Accountability Office will examine the actual sequestration order, as well as the July 31 memo to agencies from the Office of Management and Budget. He also wants GAO to look at any supporting reports, regulations and orders for compliance with the Budget Control Act, the Balanced Budget and Emergency Deficit Control Act, and other relevant statutes.
When it comes to the federal workforce, the competing House and Senate budget plans differ greatly in tone and style. But when it comes to making the federal government run more efficiently and finding cost-savings in federal operations, the two plans are more alike than you might think.
Agencies across government should intensify their planning for across-the-board sequestration cuts, according to a Jan. 14 memo to the heads of executive department and agencies from Jeff Zients, the acting director of the Office of Management and Budget. The memo comes on the heels of similar guidance issued last week by the Defense Department. Meanwhile, the Navy warned of the threat of reduced funding from a short-term spending measure.
The election Tuesday could bring with it a number of changes to the makeup and leadership of key congressional committees with oversight of the federal workforce and management. The changes to the Senate Homeland Security and Governmental Affairs Committee and others are expected from retirements, committee term limits and a few close races.
Tags: 2012 election , Congress , House , Senate , House Oversight and Government Reform Committee , Senate Homeland Security and Governmental Affairs Committee , Joe Lieberman , Claire McCaskill , Tom Carper , Scott Brown , Carl Levin , John McCain , Appropriations Committee ,