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Search Tags: budget
In a new report to lawmakers, the White House determined discretionary spending fell $2 billion below the Budget Control Act caps.
The Office of Management and Budget this week announced President Barack Obama's fiscal 2015 budget would be released March 4 — about a month later than the traditional deadline. Still, this year's delay is much smaller than last year, when the budget release came two months late because of the congressional deliberations over annual spending and the across-the-board budget cuts known as sequestration.
The U.S. government is getting a new borrowing cap Friday, almost four months after Washington defused October's government shutdown and debt crisis.
John Koskinen, sworn in as IRS commissioner in late December, has been meeting with frontline employees and crunching numbers for the last several weeks. He told Congress Wednesday that every corner of the agency is underfunded, and as a direct result, the Treasury is collecting fewer dollars than it should.
A big change is coming to the federal technology community. For the first time ever, federal agencies are expected to spend less on information technology in 2014 than the year before. Federal News Radio's special report, A New Era in Technology, examines the sea change that will force everyone in both federal agencies and industry to think differently. Federal News Radio's exclusive survey of 900 feds and 50 contractors found that even though technology at agencies is changing, agencies still fall behind the curve.
With the partial government shutdown behind them, members of Congress are working on several bills that impact the federal workforce, including a resolution that supports ending the federal pay freeze and a bill that tackles the claims backlog at Veterans Affairs.
The head of the Internal Revenue Service said the agency isn't planning any employee furloughs this year, even though Congress decided not to restore funding to the agency that had been lost due to the across-the-board sequestration cuts. IRS Commissioner John Koskinen said the budget crunch, though, would mean taxpayers will see a decline in services.
Pentagon leaders expressed disappointment on Tuesday at the retiree cost of living cuts under the Ryan-Murray budget deal and urged Congress to repeal them. But officials also pressed lawmakers to wait for an independent study group's conclusions before making more piecemeal changes to the military compensation system.