sequestration
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Senior Correspondent Mike Causey does the math behind the origins of sequestration and comes up with a not-so-surprising answer.
February 23, 2015 -
The Pentagon has been warning for years that the decade-long budget caps Congress set in place four years ago won't work -- at least if DoD hopes to execute the defense strategy that's on the books right now. With sequestration set to return this year, officials say they'll try to make things a bit less abstract. The Pentagon publishes a report that details exactly what would happen to individual bases and weapons systems with a $30 billion cut. Federal News Radio DoD Reporter Jared Serbu writes about DoD's sequestration messaging strategy as part of this week's edition of Inside the Reporter's Notebook.
February 20, 2015 -
The Office of Management and Budget tells Congress if it doesn't fix sequestration, discretionary spending across the government would drop by more than $90 billion.
February 17, 2015 -
Two former DoD comptrollers say a two-year defense budget deal could achieve President Barack Obama's goal of eliminating sequestration.
February 17, 2015 -
The Army's budget request details a branch in transition, from both a military and financial perspective.
February 05, 2015 -
The White House budget request for fiscal 2016 is out. The Obama administration is hoping for a future without sequestration, and the Defense Department is defending that concept. On In Depth with Francis Rose, Federal News Radio's Sean McCalley breaks down the numbers behind the defense spending plan.
February 02, 2015 -
President Obama's 2016 budget request for the Defense Department is $38 billion more than the Budget Control Act calls for. He's asking for $534 billion, but any number over $498 billion will trigger sequestration. Roger Zakheim is counsel at Covington and Burling, former general counsel and deputy staff director of the House Armed Services Committee and also former deputy assistant secretary of Defense. In Depth with Francis Rose asked him if the budget is as "dead-on-arrival" as Republicans in Congress make it sound.
February 02, 2015 -
The Obama administration already has made clear that it will request a budget Monday which violates the automatic spending caps in existing law. But for DoD, the war accounts, which are exempt from the caps, may serve as a backup plan.
February 02, 2015 -
By JOSH LEDERMAN and ANDREW TAYLOR Associated Press WASHINGTON (AP) — Declaring an end to “mindless austerity,” President Barack Obama called for a surge in government spending Thursday, and asked Congress to throw out the…
January 30, 2015 -
Sen. John McCain (R-Ariz.), the new chairman of the Senate Armed Services Committee, said his committee has more work to do before it draws up a broad acquisition reform package. But one element will be a more full-throated role for the uniformed military.
January 29, 2015 -
A new report from OMB stated the discretionary spending budget caps for defense and non-defense categories matched or came in less than what's called for in the Budget Control Act.
January 23, 2015 -
Sequestration, cyber attacks and terrorism are just a few of the concerns that top the list for the 114th Congress. In anticipation of tonight's State of the Union address, the American Enterprise Institute will hold a "congressional roadmap for rebuilding our nation's military" at 10 a.m. Former Sen. Jim Talent is an AEI senior fellow; Rep. Mac Thornberry (R-Texas) is chairman of the House Armed Services Committee. They joined Emily Kopp on the Federal Drive with a sneak peak at the event.
January 20, 2015 -
Financial planner Arthur Stein joins host Mike Causey to answer your questions about which TSP fund to invest in. January 14, 2015
January 14, 2015 -
The budget will be one of the first things the new Congress takes up, according to leadership on both sides of Capitol Hill. The Defense Department is already starting its push to end -- or at least cut back on -- sequestration. James Jay Carafano is director of the Davis Institute for International Studies at the Heritage Foundation. He shared his Top 3 for 2015 on In Depth with Francis Rose. He says he thinks Congress will do a real defense budget in 2015, but that doesn't mean sequestration will go away.
January 06, 2015 -
Troops start the new year with a 1 percent pay raise. That's a little less than the 1.8 percent raise they would have gotten automatically from the annual cost of living adjustment. A study on pay and benefits from the Military Compensation and Retirement Modernization Commission is due next month. Vice Adm. Norb Ryan is president of the Military Officers Association of America. He says some kind of reform is long overdue. He shared his Top 3 for 2015 on In Depth with Francis Rose. He says morale is still a top priority for the military, even with fewer commitments in Afghanistan.
January 06, 2015