FILE - This Oct. 24, 2016 file photo shows dollar bills in New York. After you pay your bills in 2020, will there be any money left for relaxation and entertainment? Will you be able to take a vacation this year? How much can you afford to spend on clothes? These questions may come to mind as you think about your money plans for the new year, but there’s a way to budget for fun in 2020. Financial pros share tips for how to achieve balance in your budget using the 50/30/20 rule and other financial techniques.  (AP Photo/Mark Lennihan, File)

Sequestration to have no effect on agency spending in 2020

In today’s Federal Newscast, the Congressional Budget Office says agencies will not have to cut their spending because of sequestration in fiscal 2020,…

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Navy says its readiness is improving, but progress is fragile

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Steny Hoyer

Keep federal pay freeze, benefits cuts, off sequestration bargaining table, lawmakers warn

Amid the threat of sequestration following the passage of President Donald Trump’s tax reform bill, a bloc of House Democrats has warned House leadership…

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DoD’s vendor base shrunk by 20 percent as defense cuts set in

A new analysis of DoD contract data shows serious impacts across the Defense industrial base because of spending cuts, including indications that thousands…

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New CR bill would fund defense through 2018, delay government shutdown

A key House Republican has unveiled a measure to deliver a huge budget increase to the Pentagon and prevent a government shutdown at the end of next week.

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