The Project on Government Oversight reviewed the size of five of the largest defense contractors and found three of the five were reducing their workforces even as the Defense Department's procurement budget ballooned between 2006 and 2011.
Army Under Secretary Joseph Westphal said if the automatic spending cuts known as sequestration go into effect, the impact to the Defense Department will be "devastating." At the same time, the DoD still must plan for cuts as tight budget continue and combat operations shrink.
The payroll tax cut deal made earlier this year included provisions to increase new federal employees' retirement contributions. We've posted a chart detailing how much employees and agencies will contribute.
Defense Secretary Leon Panetta says it's now clear another round of BRAC isn't in the cards in the immediate future, but maintains it will be necessary to keep a "balanced force."
Congress has delayed the online financial disclosure requirement of the STOCK Act for a month. But already this provision that affects 28,000 senior members of the executive branch is deterring high-level feds from joining the ranks of senior executives, according to the Senior Executives Association.
The rule, aimed at preventing fraud in the VA service-disabled veteran-owned small business program, requires that veterans control 100 percent of company decisions, even if they maintain just partial ownership. VA is taking suggestions for changing its rules.
New legislation from several senators would let DoD reprogram funds without congressional approval.
Homeland security has improved, but the reforms mean DHS reports to 108 oversight committees and subcommittees, leading to wasted hours at hearing after hearing.
Congress has delayed by a month parts of an insider-trading law that would have required federal employees to post financial-disclosure forms online Aug. 31. Senate Majority Leader Harry Reid (D-Nev.) introduced the measure Thursday, where it was quickly adopted by both chambers of Congress. The vote came shortly before the American Civil Liberties Union filed a lawsuit in federal court in Greenbelt, Md., on behalf of 28,0000 employees to block implementation of the STOCK Act.
Agencies should not change their spending plans for this year or next, but need to start assessing which programs would be impacted by automatic sequestration cuts if Congress doesn't cancel them, OMB acting Director Jeff Zients told Congress Wednesday.
NTEU president Colleen Kelley and Steve Watkins and Andy Medici from the Federal Times will talk about some of the big a wide variey of issues affecting federal workers. August 1, 2012
Although the word "default" might elicit a sense of urgency in most people, it doesn't appear to be inspiring lawmakers to take action on the proposed Postal Service bill. USPS is expected to default on $5.5 billion in pension costs that it owes to the Treasury.
Ever watch an inept team of trainees assemble then take apart an explosive device? If not, move to D.C. or watch live coverage of Congress on TV. With Congress, you get the political version which, more often than not, ends in a whimper rather than a bang, Senior Correspondent Mike Causey says.
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.
The top Republican and Democrat on Capitol Hill have announced an agreement to keep the government running on autopilot for six months when the current budget year ends on Sept. 30. The announcements by Democratic Senate Majority Leader Harry Reid and GOP House Speaker John Boehner are aimed at averting any chance of a government shutdown this fall. The leaders said an official vote on the bill won't come until September.