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Search Tags: Senate
Dr. Winslow Sargeant will be the new chief counsel for advocacy of the Small Business Administration.
An amendment to the 2012 Defense Authorization Bill would cap taxpayer-funded contractor compensation at $400,000. Under current executive compensation limits set in 1998, contractors can charge up to $693,951 for the salaries of their top five executives.
A government shutdown was averted Thursday when Congress approved a compromise spending bill. The bill funds the departments of Agriculture, Commerce, Transportation, HUD, Justice, and some smaller agencies through the end of the fiscal year. The rest of the government will operate on another short-term continuing resolution, which will expire Dec. 16.
The House and the Senate voted to approve appropriations bills for Agriculture; Commmerce, Justice and Science agencies; and the Departments of Transportation and Housing and Urban Development. Taken together this is the "minibus."
Senate Majority Leader Harry Reid (D-Nev.) says the issue will come up during the first work period of the new year.
Congress crafted a partial measure to fund some agencies through fiscal year 2012 and extend a continuing resolution for others. Erik Wasson of The Hill acknowledges that the current budget process has been the most complicated he's seen.
With a week until the deficit panel's deadline, Bill Frenzel, a guest scholar of economic studies at the Brookings Institution, said details about what will be cut and by how much remain up in the air. "At the point, we don't know where any of these axes are going to fall," he said.
Another shutdown of the Federal Aviation Administration is possible because lawmakers haven't resolved a labor issue that's holding up passage of a long-term funding bill for the agency, a key senator said Monday.
In Depth with Francis Rose brings highlights from the Senate Armed Services Committee hearing on counterfeit electronic parts in the Department of Defense supply chain.