President Obama has requested $166.5 million to fight computer crime over the next year, and Congress has approved every penny.
Todd Harrison, a senior fellow at the Center for Strategic and Budgetary Assessments, joined the Federal Drive with Tom Temin and Amy Morris to discuss how sequestration will affect defense managers and contractors. He said the threat of automatic, across-the-board cuts from sequestration will hang over DoD for the next year.
Bernie Becker, a staff writer for The Hill newspaper, joined the Federal Drive with Tom Temin and Amy Morris to discuss the myriad budget uncertainties facing Congress and federal agencies.
The Postal Service has hired Evercore Partners, a New York-based investment bank, to evaluate proposed changes to its operations, compensation and benefits. Evercore has advised General Motors and other large, troubled companies. USPS said it needs to cut annual expenses by $20 billion by 2015.
Tom Shoop is the editor-in-chief of Government Executive.
Rep. Jim Moran (D-Va.) expressed frustration with the \"dysfunctional\" state of Congress today, blaming lawmakers who he said shouldn\'t be legislating in the first place.
Between ongoing 2012 budget negotiations and the automatic cuts triggered by the supercommittee, Steve Bell, senior director of the Bipartisan Policy Center\'s Economic Policy Project, says this is as good as it\'s going to get for federal employees for the foreseeable future.
President Obama signs bipartisan bill that will help The President says it will help about 850,000 veterans who are currently unemployed and tens of thousands who are returning from Iraq and Afghanistan in the coming months.
The administration, lawmakers and others are sounding off on the failure of the supercommittee to reach a deal for cutting more than $1 trillion from the deficit. Facing automatic, across-the-board cuts — half from defense and half from civilian agencies, beginning in 2013 — the consensus now seems to be Congress should work to come up with an alternative deficit-reduction plan.
None of the legislation moving through Congress would provide the Postal Service the speed and flexibility it needs to cut annual costs by $20 billion, Postmaster General Pat Donahoe said Monday. He said they would give USPS \"a couple of years of profitability and at least many decades of steep losses.\" He argued for quicker resolution to the agency\'s cash crisis.
Admit it, have you been losing sleep over the activities of the congressional supercommittee? If not, you may be on the right track, Senior Correspondent Mike Causey says.
President Obama said he would veto any efforts to undermine the automatic spending cuts that will go into effect because the debt reduction supercommittee failed to come up with a deal today.
CQ Roll Call reporter Meredith Shiner has an update on the supercommittee talks on its deadline day.
President Barack Obama will sign into law Monday legislation giving tax breaks to companies that hire unemployed veterans.
Dr. Winslow Sargeant will be the new chief counsel for advocacy of the Small Business Administration.