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While the Biden administration is asking for $773 billion for 2023, that number may not go as far as hoped. DoD says it finished up its planning for 2023 before inflation rates rose and before Russia invaded Ukraine causing oil prices to spike.
In today's Federal Newscast, some federal workers may be getting a pay raise due to rising levels of inflation.
Bill Gormley, president of the Gormley Group, joined host Roger Waldron on this week's Off the Shelf to discuss how inflation is impacting the General Services Administration's Federal Supply Schedules program.
Lawmakers are on the cusp of agreeing to a fiscal year 2022 spending agreement with a big increase for national defense.
The inflation rate is at its highest since the 1990s and contractors are losing money and some may be thinking about leaving the federal industrial base altogether.
Invasion prompts all-of-government response, but the effects are personal, too.
In today's Federal Newscast, the Coalition for Government Procurement wrote a letter to the Federal Acquisition Service asking what GSA's plan are to address inflation under government contracts.
Inflation, which is a new thing for younger feds, will heat up the debate over federal pay, pay parity and pay raises.
In case you hadn’t noticed, inflation is at a 20 year high. And this may be the new normal, according to some experts. That’s the not-so-good news.
While certainly relief to Social Security recipients, that big adjustment is a sign of a scary economy.