An amendment to the 2012 Defense Authorization Bill would cap taxpayer-funded contractor compensation at $400,000. Under current executive compensation limits set in 1998, contractors can charge up to $693,951 for the salaries of their top five executives.
Despite the successful passage last week of a small group of annual spending bills covering several federal agencies\' 2012 budgets, Congress will likely fold the remaining bills into a single omnibus.
The Domestic Partnership Benefits and Obligations Act of 2011 was the logical next step after the repeal of the Don\'t Ask Don\'t Tell policy, which banned gays from openly serving in the military, said committee chairman and bill co-sponsor Sen. Joe Lieberman (I-Conn.) in a statement.
Stan Collender, a budget expert and partner at Qorvis Communications, said nobody should panic just yet about possible automatic, across-the- board cuts. They won't be enacted immediately, he told the Federal Drive with Tom Temin and Amy Morris. And Congress could still wiggle out of them.
A government shutdown was averted Thursday when Congress approved a compromise spending bill. The bill funds the departments of Agriculture, Commerce, Transportation, HUD, Justice, and some smaller agencies through the end of the fiscal year. The rest of the government will operate on another short-term continuing resolution, which will expire Dec. 16.
The House and the Senate voted to approve appropriations bills for Agriculture; Commmerce, Justice and Science agencies; and the Departments of Transportation and Housing and Urban Development. Taken together this is the \"minibus.\"
Senate Majority Leader Harry Reid (D-Nev.) says the issue will come up during the first work period of the new year.
Mike McCord, principal deputy undersecretary and comptroller for DoD, says that Defense is focusing on making mandated cuts while waiting for Congress to pass 2012 appropriations bill.
Congress crafted a partial measure to fund some agencies through fiscal year 2012 and extend a continuing resolution for others. Erik Wasson of The Hill acknowledges that the current budget process has been the most complicated he\'s seen.
With a week until the deficit panel\'s deadline, Bill Frenzel, a guest scholar of economic studies at the Brookings Institution, said details about what will be cut and by how much remain up in the air. \"At the point, we don\'t know where any of these axes are going to fall,\" he said.
The Associated Press reports that the House is expected to overwhelming support a bill that would help unemployed vets and government contractors. The Senate has already passed the bill.
Emily Pierce is Senate editor at Roll Call.
The Office of Science and Technology Policy is turning to industry and academia for ideas on how to make sure publicly funded research data is available to the public. Under the America Competes Act, unclassified federally funded research has to be accessible to the public. OSTP wants ideas on how to make sure the data can be preserved, that it\'s interoperable and accessible, and that it can be reused and re purposed effectively. OSTP will develop recommendations for agency data policy and report them to Congress.
The Morning Federal Newscast is a daily compilation of the stories you hear Federal Drive hosts Tom Temin and Amy Morris discuss throughout the show each day. The Newscast is designed to give FederalNewsRadio.com users more information about the stories you hear on the air.
Steve Bell, the senior director of economic policy at the Bipartisan Policy Center, joined the Federal Drive with Tom Temin and Amy Morris to provide an update into how the supercommittee is coming along and what it all means for the federal budget and federal employees.