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On Air: Federal News Network
Budget
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After a year-long study, the Association of Government Accountants issued a report suggesting a dozen changes and steps that would improve how the U.S. Treasury Department tracks government-wide revenue, spending and the federal deficit.
July 23, 2012 -
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Is your work world about to change dramatically, or end? If Congress doesn't act quickly the S could literally hit the fan, Senior Correspondent Mike Causey says.
July 20, 2012 -
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On this week's Bloomberg Government Capital Impact show, analysts will discuss the benefits of electronic health records, and legislation that could make its way through Congress before the sequestration deadline.
July 19, 2012 -
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A slate of defense industry executives lined up to testify before the House Armed Services Committee Wednesday, telling lawmakers that the automatic budget cuts known as sequestration would be devastating to their businesses and could lead to mass layoffs. The lack of action by Congress, so far, to avert the cuts has led to a "fog of uncertainty" even now, five months away from when sequestration would take effect, the CEO of Lockheed Martin testified.
July 18, 2012 -
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Janet Kopenhaver, Washington representative for Federally Employed Women, will talk about the impact of some bills pending in Congress that affect federal employees. July 18, 2012
July 18, 2012 -
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The House handily approved a bipartisan bill requiring the Obama administration to provide more information about how automatic, across-the-board cuts, known as sequestration, will be implemented starting in January. While the vote cut across party lines, lawmakers continue to disagree about ways to come up with alternatives.
July 18, 2012 -
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Roughly five months until across-the-board budget reductions, known as sequestration, are set to kick in, the Aerospace Industries Association unveiled a new report Tuesday that warned of jobs losses, billions in losses to the economy and a blow to wages from the $1.2 trillion, 10-year cuts in defense and domestic programs. The report comes amid a cacophony of election-year demands and partisan backbiting over how to avert the impending cuts that will only grow louder in the coming weeks. Lawmakers agree that it's imperative that Congress move swiftly before the November election to avert the cuts, but have offered wide variations on a solution.
July 17, 2012 -
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Longstanding problems with integration put DHS' mission to protect the country at risk, former leaders and lawmakers said. Nine years after it was created, the department still struggles to make its many components and agencies work as one.
July 13, 2012 -
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Budget pressures and a change in mission leads to cuts in U.S. Customs and Border Protection. Border stations in California, Montana, Idaho and Texas face closures that will affect 48 border patrol members.
July 12, 2012 -
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On this week's Bloomberg Government Capital Impact show, defense analysts examine which types of contractors would be most affected by sequestration. Plus, how are corporations spending money on the presidential election?
July 11, 2012 -
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Lockheed Martin, one of the world's largest defense contractors, has announced a 5 percent workforce reduction at its Mission Systems and Sensors (MS2)business area. The company said it notified 308 of its U.S.-based employees Tuesday "that they will no longer have employment with the company," according to a release.
July 10, 2012 -
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The White House kicked off the fourth annual SAVE Award, seeking cost-cutting ideas from those who know best how to help Uncle Sam pinch pennies — federal employees. Employees have until July 24th to submit ideas for reducing government spending.
July 10, 2012 -
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A House bill designed to reduce government redundancy by requiring agencies to provide detailed reports about the programs they operate will cost about $100 million for agencies to implement, according to a Congressional Budget Office analysis. The Taxpayers Right to Know Act, introduced by Rep. James Lankford, would required agencies to publicly post detailed information about each of the program they operate, including costs and the number of employee dedicated to them.
July 06, 2012 -
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Letter, sent to 15 large vendors, asks for estimated impacts of sequestration on defense contractors.
July 06, 2012
