Budget

  • The Defense secretary issues specific directions to implement a 20 percent cutback in the size of his own sprawling support staff, including the elimination and consolidation of several senior positions. Gen. Martin Dempsey will deliver plans to cut the joint staff by 20 percent in the coming weeks, and all military organizations commanded by three or four star generals will do the same.

    December 04, 2013
  • Reps. Jim Bridenstine (R-Okla.) and Doug Lamborn (R-Colo.) introduced a bill Tuesday to cancel sequestration for the Defense Department for two years. The bill would offset this change by using a chained CPI to calculate COLAs for federal retirement programs along with other entitlement reforms.

    December 03, 2013
  • Even as mystery surrounds the work of the House-Senate budget committee negotiating over fiscal 2014 funding levels and possible alternatives to devastating across-the-board budget cuts known as sequestration, there's consensus emerging about some of the potential bargaining chips the committee is likely to use. That includes requiring federal workers to contribute more of their salaries toward their pensions.

    December 02, 2013
  • On this week's Capital Impact show, Bloomberg Government Senior Defense analyst Dr. Kevin Brancato will examine how budget cuts will impact the Defense Department's ability to upgrade its aircraft. November 21, 2013

    November 21, 2013
  • In this week's edition of Agency of the Month, Dr. Reginald Wells, Deputy Commissioner at the Social Security Administration, discusses the human resources pressures caused by tightening budgets.

    November 21, 2013
  • Postal officials called on Congress to lift a 2006 congressional requirement that it make annual $5.6 billion payments to cover expected health care costs for future retirees.

    November 15, 2013
  • Jack Midgley, a director in Deloitte's Global Defense Consulting practice will discuss the findings in the company's recent report on defense spending. November 12, 2013

    November 12, 2013
  • The Government Accountability Office looked at two initiatives that are supposed to help get information technology spending under control. GAO found that both initiatives are coming up short.

    November 12, 2013
  • Sen. Barbara Mikulski (D-Md.), chairwoman of the Appropriations Committee, took to the Senate floor this week calling on House-Senate budget negotiators to look at replacing the across-the-board sequestration cuts for at least two years.

    November 08, 2013
  • A coalition of more than two dozen federal-employee unions and advocacy groups is calling on budget negotiators to come up with a way to undo the across-the-board sequestration budget cuts that are poised to slash agency spending by billions more this year. But following three years of a pay freeze and the recent 16-day government shutdown, the groups are equally adamant that changes to federal employees' pay and benefits should be off the table.

    November 08, 2013
  • The 16-day government shutdown forced federal employees to miss millions of days of work, agencies to forego millions of dollars in revenue and programs to grind to a halt. In a new report, the Office of Management and Budget estimates that federal workers missed 6.6 million days of work and the shutdown cost more than $2.5 billion in pay and benefits for employees, most of whom didn't work.

    November 07, 2013
  • In part two of our Agency of the Month interview with Peter Spencer, deputy commissioner for Budget, Finance, Quality and Management at the Social Security Administration, Spencer says lessons learned in 2013 will help the agency moving forward in 2014 and beyond.

    November 07, 2013
  • Former top staffers say current members of Congress no longer have a stake in any particular appropriation or authorization bill making its way through the legislative gauntlet — one reason why DoD and the rest of government continue to stumble from one continuing resolution to the next.

    November 07, 2013
  • On this week's Agency of the Month show, Peter Spencer discusses how budget uncertainty is negatively impacting the agency.

    November 01, 2013