Hubbard Radio Washington DC, LLC. All rights reserved. This website is not intended for users located within the European Economic Area.
Federal employee Chris Dickson turned to music to cope with the stress of sequestration, penning the song "Furlough You."
What's the difference between an elected politician and a career civil servant? When politicians take time off they get paid, Senior Correspondent Mike Causey says, whereas feds who don't work don't.
With continuing resolutions and fiscal showdowns running rampant the last few years, government contractors have gotten used to near perpetual budget uncertainty clouding the marketplace. And the automatic, across-the-board budget cuts that kicked in March 1 only complicated contractors' efforts to manage their bottom lines. A panel of experts discuss how contractors are coping with the cuts as part of Federal News Radio's special report, Private Side of Sequestration.
Defense Secretary Chuck Hagel says service members will have to share in the pain of sequestration if the automatic budget cuts continue into next year. In a Pentagon press briefing Wednesday, Hagel laid out a "menu of options" for dealing with sequestration in 2014 and beyond, including changes to military pay and benefits, consolidating headquarters staff and a potential modest reduction in military force structure.
While at this relatively early stage of the budget cutting process it's difficult to quantify exactly what the effects have been or will be, on this week's show we'll hear some preliminary takes from two people the defense industry very closely: Elana Broitman, principal deputy assistant secretary of Defense for manufacturing and industrial base policy, and Marion Blakey, the CEO of the Aerospace Industries Association.
A record number of employees are turning to FEEA to help them meet basic living expenses after receiving short paychecks due to furloughs.
With fewer government contracts coming down the pipeline, small and mid-sized contractors are feeling the pinch of sequestration. Should they diversify, cut staff or sit tight and hope that big contract is just around the corner? Federal News Radio examines these issues in part 6 of our special report, Private Side of Sequestration.
As the first elements of sequestration's impact on the Defense industrial base begin to take shape, observers inside and outside the Pentagon worry about small businesses.
Sequestration threatens to squeeze some companies out of the industry. Federal News Radio's special report, Private Side of Sequestration, examines the long-term planning and short-term coping mechanisms companies can take to better manage through the cuts.
Bill Gormley, president of the Gormley Group and Cameron Leuthy, senior budget analyst at Bloomberg Government, will discuss sequestration and its impact on the government and contracting. July 30, 2013
Recent earnings reports reveal large margins and strong earnings per share for many prime contractors. But Financial Analyst Michael Lewis expects negative trends to start showing within the next few quarters.
With fewer new federal contracts on the horizon, vendors are trimming staff, changing direction and hedging their bets as sequestration plays out, according to the results of an exclusive Federal News Radio survey. Contractors are also blaming sequestration for low morale in their offices.
Deltek's Kevin Plexico and Scott Lewis of PS Partnerships, will talk about the challenges facing contractors in this tough budget environment. July 29, 2013
Frances Smith, a civilian Defense Department employee, is having problems making ends meet after furloughs trimmed her paycheck. "I'm wondering now, next week, how I'm going to even pay for my groceries," she told Federal News Radio.