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Search Tags: budget
The House has approved legislation to prevent a government shutdown at the end of the month, freeze federal pay for a third straight year and give the Defense Department some relief from a cash crunch caused by sequestration. The huge spending measure, which was passed on a 267-151 vote, would fund federal operations through September. It leaves in place automatic cuts of 5 percent to domestic agencies and 7.8 percent to the Pentagon ordered by President Barack Obama Friday night after months of battling Republicans over the budget.
The chairman of the Oversight and Government Reform Committee wrote to 17 agencies requesting short-term ways to achieve savings instead of the across-the-board cuts expected to start today.
House Republicans unveiled a stopgap government funding measure Monday. The measure would extend the federal pay freeze and leave in place automatic sequestration cuts but would award the Defense and Veterans Affairs departments their detailed 2013 budgets while other agencies would be frozen at 2012 levels -- and then bear the across-the-board cuts. The current continuing resolution expires March 27.
A report released by the White House to detail automatic budget cuts details reductions only down to the budget account level -- not to the more granular program, project and activity level and varies in the level of detail describing cuts to specific agency budgets.
Steven VanRoekel, the federal CIO, said the PortfolioStat approach will help agencies manage through these tough budget times. He said agency technology investments could take a hit as the automatic spending cuts become real.
Sequestration is officially a reality for federal employees and agencies. President Barack Obama signed the sequestration order into effect Friday night. After more than 15 months, fierce debate and a delay at the beginning of the year, the $85 billion in automatic, across-the-board budget cuts are officially here. Find out what steps civilian agencies and the Pentagon are taking, including employee furloughs. Plus find out what comes next in terms of negotiations between the White House and Congress.