Budget
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Defense Secretary Chuck Hagel has already set about implementing a plan to cut $1 billion from the Defense Department's budget by consolidating and reorganizing top Pentagon offices, but lawmakers want to hold his feet to the fire. The final version of the National Defense Authorization Act passed by Congress Dec. 19 enshrines DoD's ambitious cost-cutting and streamlining plan into law.
January 02, 2014 -
On this week's Capital Impact show, Bloomberg Government analysts participate in a roundtable discussion of the budget deal, the Volker Rule, and Bitcoin. December 26, 2013
December 26, 2013 -
President Barack Obama issued an executive order Monday approving the 1 percent pay raise for federal employees effective Jan. 1, 2014. This ends the three-year federal pay freeze.
December 23, 2013 -
John Hudak and Phil Wallach with the Brookings Institution will discuss the top federal government issues in 2013, and what's ahead in the new year. December 20, 2013
December 20, 2013 -
Evan Lesser, founder and director of Clearance Jobs.com will discuss the state of the clearance job market and what's ahead in the new year. December 20, 2013 (Encore presentation December 27, 2013 and January 3, 2014)
December 20, 2013 -
On this week's Capital Impact show, Bloomberg Government analysts will discuss how the budget deal will affect next year's government funding,and how budget cuts are affecting U.S. defense industrial capabilities. December 19, 2013
December 19, 2013 -
AFGE's public policy director Jacqueline Simon explains why her organization is opposed to the self plus one plan, and Sean Reilly and Andy Medici from the Federal Times will discuss what's ahead for feds and retirees in 2014. December 18, 2013 (Encore presentations December 25, 2013 and January 1, 2014)
December 18, 2013 -
In the 1920s and '30s, a popular singer-bandleader used to ask his audience, "Is everybody happy?" If he were still on the circuit today, he might modify that to, "Is anybody happy?" Starting with the latest budget deal.
December 17, 2013 -
Top Air Force officials say lower budgets will force them to propose cuts Congress won't like. But if lawmakers insist on protecting politically-favored programs, money will have to come from somewhere else.
December 16, 2013 -
Personality-wise are you usually happy or sad? Would friends and family describe you as an upper or a downer? The way you view the bipartisan budget deal may tell a lot about whether you are a glass-half-full or glass-half-empty person, Senior Correspondent Mike Causey says.
December 16, 2013 -
The bipartisan budget deal announced this week goes a long way toward clearing up the widespread budget uncertainty that has plagued federal agencies for the last two years. But it doesn't actually set individual agency funding for next year. That's the job of the House and Senate Appropriations Committees, the leaders of whom now must write an official spending bill that spell out exactly how much each agency gets to spend next year and on what. Rep. Hal Rogers (R-Ky.), the chairman of the House committee, said Thursday he would begin work on an omnibus spending bill to fund agencies next year.
December 13, 2013 -
Tucked away inside the bipartisan budget deal announced with much fanfare this week is a proposal limiting the maximum level contractors can charge the government to pay the salaries of their top executives to nearly half of what it is currently. But it may not be the final word on the issue on the sticky issue of contractor compensation. the budget deal's proposed changes to taxpayer-funded contractor salaries are competing with another piece of bipartisan legislation currently before Congress. The annual Defense Authorization Act seeks to lower the compensation limit but by far less than the budget deal.
December 13, 2013 -
On this week's Capital Impact show, Bloomberg Government analysts participate in a roundtable discussion of the budget deal, the Volker Rule, and Bitcoin. December 12, 2013
December 12, 2013 -
Congress went after federal workers and retirees with a meat ax. But instead the new budget agreement is more of a kick in the shins for feds who have yet to be hired, Senior Correspondent Mike Causey says.
December 12, 2013 -
Lawmakers in districts with large constituencies of federal employees are signaling their support for the bipartisan budget deal announced Tuesday even though it would require new federal workers to contribute a greater share of their paychecks to their retirement benefits. The alternatives -- another government shutdown or a second year of the steep across-the-board sequestration cuts -- would have been worse, they argue.
December 11, 2013