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Search Tags: budget
My countdown of the three most important Federal news stories of the week.
The budget cut being imposed on federal agencies won't impact all of them the same way. Some may freeze hiring, most will cut travel and training first. Senior Correspondent Mike Causey says this isn't the end of civilization as we know it but it could be a kick in the slats for the prosperous Washington metro area.
WFED's Jason Miller reports.
U.S. President Barack Obama is asking government agencies to develop plans for five percent reductions in array of domestic programs, the White House said on Tuesday.
Deputy secretary William Lynn calls for transferring billions of dollars from non-essential programs and administrative functions to warfighter mission areas. DoD also looking at six cross-cutting areas such as healthcare, acquisition and personnel policies for savings. The military services and Defense agencies have until July 31 to figure how to make this happen.
WFED's Jason Miller reports
The Senate has begun consideration of proposals to give the President a line-item veto over individual provisions in federal spending bills. The measures are designed to overcome shortcomings in a 1996 line-item veto bill which was declared unconstitutional.
Tags: management , line-item veto , Reduce Unnecessary Spending Act of 2010 , Senate , Judiciary Committee , Constitution Subcommittee , Russ Finegold , Paul Ryan , Jeffrey Liebman , OMB , White House , Barack Obama , Max Cacas
Defense Secretary Robert Gates proposed making some rather large changes to the Pentagon's budget this past weekend. Federal News Radio gets analysis as to what this might mean.
OMB says earmarks are on the decline, but what exactly is being considered an earmark? Jodi Schneider, Senior Editor with American Banker has details.
SRA Chief Executive Officer believes in a greater focus on preventing intellectual property loss.