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Search Tags: budget cuts
Montgomery County has to slice $14 million from its budget.
The Pentagon's primary purchasing agency is steeling itself for the possible impact of large-scale changes to its budget in the weeks and months ahead as DoD prepares the 2012 budget. The Defense Logistics Agency used a recent conference to inform the vendor community about its plans to save money.
Five days after proposing controversial cuts in Pentagon spending, much of official Washington still is reeling. Defense Secretary Gates called for $100 billion in spending reductions over the next five years. Some of the proposals to achieve those savings are finding mixed reaction among officials on Capitol Hill and in industry.
Pentagon officials also suggest to cut 10 percent of the contractor workforce by 2011. The proposal to eliminate JFCOM comes as the Defense Business Board outlines several areas where DoD can reduce its expenses.
Peter Orszag telling agencies to look for places to cut 5% of discretionary spending.
Former OMB officials say having solid data on why certain programs need to be ended or cut is key to making this initiative work. OMB directs agencies to suggest which low performing programs or those outside of the agency's mission to target for termination or reduction by Sept. 13.
Tags: management , Peter Orszag , OMB , GAO , HHS , Jonathan Breul , Robert Shea , IBM Center for the Business of Government , Grant Thornton , share in savings , PART , improper payments , Jason Miller
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.
The furlough could affect everything from access to your library, to whether anyone answers the phone at the supervisor's office.