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OMB to begin planning for sequestration

Faced with congressional inaction in averting looming across-the-board cuts that take effect in January, the Office of Management and Budget will begin meeting with agency leaders to discuss how the cuts will be implemented. In a memo to agency heads, OMB Director Jeff Zients said his office will consult with agencies to determine which budget accounts and programs are exempt from sequestration.

Tags: OMB , Jeff Zients , budget , Congress , Sequestration Transparency Act , House Armed Service Committee , Jack Moore

Tuesday - 07/31/2012, 06:20pm EDT

Small contractors could be hit hardest under planned Defense spending cuts

Small and medium-sized contractors and suppliers receive 75 percent of appropriated dollars for defense or military programs. But these small businesses, who lack the lobbying power of top- tier defense contractors, may suffer more from sequestration than big companies.

Tags: defense , defense spending , defense contractor , defense contracting , budget , acquisition , Iraq , Lockheed Martin , Boeing , Mackenzie Eaglen , AEI

Monday - 07/30/2012, 09:19pm EDT
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Labor Dept. says defense layoffs 'speculative,' no need for warning

Defense industry executives have spent the last few weeks warning that across-the-board budgets cuts that go into effect in January, could force them to issue notifications to employees in the fall to warn of impending layoffs. However, in a new memo issued Monday, the Labor Department said the lack of clarity about how the cuts would be applied means it would be "inappropriate" to issue Worker Adjustment and Retraining Notification (WARN) Act notifications.

Tags: Labor , Jane Oates , budget , industry , defense industry , Buck McKeon , House Armed Services Committee , Jack Moore

Monday - 07/30/2012, 09:11pm EDT

After cuts, defense contractors report record operating margins

With a tighter defense budget and the threat of sequestration, defense contractors say they may have to lay off thousands of workers and look for business overseas.

Tags: DoD Report , budget , contracting , Lockheed Martin , Northrop Grumman , General Dynamics , Washington Business Journal , Federal Drive

Tuesday - 07/31/2012, 07:33am EDT

End of the world delayed?

Good news, bad news. The good news is that the end of the world in your case, maybe extended furloughs or even a layoff is likely to be extended. Things are currently scheduled to go boom early next January. But there are signs that Congress may delay the day of reckoning until March or April of 2013. Now your only worry is the Mayan calendar, Senior Correspondent Mike Causey says.

Tags: Mike Causey , Federal News Radio , pay and benefits , workforce , budget , Congress , House , Senate , supercommittee , Simpson-Bowles

Tuesday - 07/31/2012, 02:00am EDT

DoD extends civilian hiring restrictions through 2018

Pentagon hiring freeze for civilian employees will last several more years, although Defense Department leaders say they'll grant exemptions to give the department flexibility.

Tags: DoD , GAO , Congress , workforce , cybersecurity , Randy Forbes , Jay Aronowitz , Frederick Vollrath , Brenda Farrell , Jared Serbu , freeze , budget

Friday - 07/27/2012, 05:53am EDT
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Bill demanding details on sequestration heads to President's desk

Legislation forcing the White House to explain how the across-the-board budget cuts known as sequestration will affect individual agencies is now waiting for President Barack Obama's signature. The Senate unanimously approved the Sequestration Transparency Act of 2012 Wednesday, which requires the administration to detail within 30 days how the $1.2 trillion over 10 years in automatic cuts will be applied. The House passed its version of the bill last week in a 414-2 vote.

Tags: Congress , House , Senate , budget , OMB , Paul Ryan , Patty Murray , John McCain , Sequestration Transparency Act , Jack Moore

Thursday - 07/26/2012, 03:36pm EDT

Sequestration and pay

AFGE's Public Policy Director Jacque Simon and Stephen Losey and Sean Reilly of the Federal Times will talk about the big issues affecting federal workers.
July 25, 2012

Tags: pay and benefits , budget battle , Jacque Simon , AFGE , Federal Times , Stephen Losey , Sean Reilly , GAO , federal pay , GSA , USPS , DoD , IT infrastructure , Mike Causey , Your Turn

Wednesday - 07/25/2012, 07:17pm EDT
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In Depth interviews - July 24

On the In Depth show blog, you can listen to the interviews, find more information about the guests on the show each day and links to additional resources. Stan Soloway, president and CEO of the Professional Services Council, discusses whether sequestration can be averted.

Tags: Gordon Adams , American University , Stan Soloway , PSC , defense industry , In Depth , Francis Rose

Tuesday - 07/24/2012, 03:05pm EDT
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