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Search Tags: Sequestration
The White House budget office is recalculating how to apply automatic spending cuts for a handful of agencies, freeing up almost $4 billion for the Pentagon and another $1 billion or so for other agencies like the Homeland Security Department and NASA.
The threat of furloughs is hanging heavy over tens of thousands of federal workers who say they won't be able to pay the bills if forced to stay home for five to 15 days. So, Mike Causey wants to know, is there light at the end of this tunnel?
Furloughs are supposed to save money. But if you wait until the last-minute to notify workers it can be quite costly as the Internal Revenue Service has found out, Senior Correspondent Mike Causey reports.
Currently deployed units and those behind them are fully trained and equipped, the services say. But those next in line "aren't doing much." The fiscal 2013 budget also may be too little, too late in some ship repair and maintenance efforts.
The U.S. Forest Service is demanding that states give back $17.9 million in federal subsidies, saying the taxpayer cash is subject to automatic spending cuts called "sequestration."
When politicians created the sequestration monster, it may have seemed like a good idea at the time. But now that it's here, nobody wants to take credit for it, Senior Correspondent Mike Causey says. And politicians who insisted that the cuts be across-the-board are now demanding agencies exempt certain programs and people from furloughs.
President Barack Obama has signed into law a bill to end furloughs of air traffic controllers.
Host Mike Causey will talk furloughs with Federal Career Experts owner John Grobe, and hiring, retirement backlog, and more with Stephen Losey and Sean Reilly from the Federal Times.
May 1, 2013
Tags: pay and benefits , workforce , contracting , furloughs , sequestration , hiring , OPM backlog , FAA , air traffic controllers , charitable giving , Boston bombings , John Grobe , Federal Career Experts , Sean Reilly , Stephen Losey , Mike Causey , Your Turn
While federal agencies are dealing with furloughs and tightening budgets, industry is also beginning to feel its effects. Small businesses will likely be hardest hit, says John Grobe, whose business is already being impacted on the government contracts side.
If you are a federal worker, you are certainly aware of the Washington-based series, Sequestration: The Soap Opera. Normally such a drama would have little audience outside the Washington Beltway, Senior Correspondent Mike Causey says. But it is being noticed in other places because so many contractors are being hit by furloughs too.