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Search Tags: sequestration
If somebody guaranteed you $9 for every dollar you invested, would you take the deal? Most people would, but politicians who designed the sequestration process to save money may find it is also a costly exercise, Senior Correspondent Mike Causey says.
Attorney Bill Bransford joins host Bob Leins to talk about how federal employees will be affected by sequestration and furloughs.
March 4, 2013
Tags: pay and benefits , Bob Leins , Bill Bransford , Shaw Bransford & Roth , furloughs , federal employees , federal employee rights , Senior Executives Association , Merit Systems Protection Board , EEOC , Office of Special Counsel , Office of Inspector General , For Your Benefit
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.
With sequestration now in effect, the Defense Department says it will have to begin to make decisions that cross the threshold between "reversible" cuts to military capability and those that will have long-lasting impacts.
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.