Budget

  • In order to counter funding reductions due to sequestration, Customs and Border Protection has begun sending furlough notices to many of its 60,000 employees. An officer in the union representing CBP agents says these measures amount to a 40 percent reduction in salaries.

    March 08, 2013
  • On this week's Capital Impact show, Bloomberg Government analysts will discuss health care fraud, sequestration, and immigration reform. March 7, 2013

    March 07, 2013
  • Congress missed the deadline to avert sequestration last week. And now a deadline to prevent a government shutdown at the end of the month is barreling toward lawmakers. But members of both chambers and from both sides of the aisle say they're confident they can work out a deal to keep the government running.The likely sticking point is how the the automatic budget cuts, known as sequestration, will continue to play out. House Democratic Whip Steny Hoyer (D-Md.) and Sen. Tom Coburn (R- Okla.) discuss the continuing resolution and sequestration on In Depth with Francis Rose.

    March 07, 2013
  • The Protecting America's Civilian Employees Act would require the Office of Management and Budget to submit a plan to Congress on how they would cut spending without harming the federal workforce.

    March 07, 2013
  • Senior Correspondent Mike Causey asks: If furloughs come to your agency, will you treat them like a surprise budget vacation, or would that 20 percent per week pay cut put you under water? And is there a place where you can get an emergency, no-interest loan?

    March 07, 2013
  • The House has approved legislation to prevent a government shutdown at the end of the month, freeze federal pay for a third straight year and give the Defense Department some relief from a cash crunch caused by sequestration. The huge spending measure, which was passed on a 267-151 vote, would fund federal operations through September. It leaves in place automatic cuts of 5 percent to domestic agencies and 7.8 percent to the Pentagon ordered by President Barack Obama Friday night after months of battling Republicans over the budget.

    March 06, 2013
  • Host Roger Waldron talks sequestration with Deltek's Ray Bjorklund, and Bloomberg Government's Cameron Leuthy. March 5, 2013

    March 05, 2013
  • Over the past few years, unimplemented agency inspector general recommendations that could potentially save the government billions of dollars have piled up. Now, with $85 billion in automatic budget cuts kicking in, lawmakers on the House Oversight and Government Reform Committee are telling agencies there's no excuse for them to further delay implementing the cost-saving measures and best practices identified by their IGs.

    March 05, 2013
  • House Republicans unveiled a stopgap government funding measure Monday. The measure would extend the federal pay freeze and leave in place automatic sequestration cuts but would award the Defense and Veterans Affairs departments their detailed 2013 budgets while other agencies would be frozen at 2012 levels -- and then bear the across-the-board cuts. The current continuing resolution expires March 27.

    March 05, 2013
  • A report released by the White House to detail automatic budget cuts details reductions only down to the budget account level -- not to the more granular program, project and activity level and varies in the level of detail describing cuts to specific agency budgets.

    March 04, 2013
  • Now that you've been sequestered and set up for possible furloughs, what else could go wrong? A one-day-a-week furlough means a 20 percent pay cut for that week, Senior Correspondent Mike Causey explains. So what is the impact, if any, on your Thrift Savings Plan contributions and the matching contributions you get from your agency?

    March 04, 2013
  • The chairman of the Oversight and Government Reform Committee wrote to 17 agencies requesting short-term ways to achieve savings instead of the across-the-board cuts expected to start today.

    March 01, 2013
  • If there is a partial shutdown of government services, now or later, politicians will blame each other. But the big losers will be federal workers in IRS and Social Security offices, and TSA screeners at airports who are going to take the heat, Senior Correspondent Mike Causey says.

    March 01, 2013
  • 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.

    March 01, 2013