Beth Farrell and Jim Schweiter from McKenna Long and Aldridge LLP will discuss the impact of sequestration. August 14, 2012(Encore presentation September 4, 2012)
The Federal Aviation Administration is slated to lose $1 billion from its budget if Congress does not act to prevent sequestration, according to a study released by the Aerospace Industries Association. But the cuts would ripple throughout the nation's economy. About 100,000 jobs throughout the economy would be lost.
Intelligence community observer Ellen McCarthy says massive across-the-board spending cuts would result in significant layoffs in both the federal government and the private sector.
The Project on Government Oversight evaluates whether defense contractors would be hit hard by sequestration. Plus, what are best practices for creating PDFs that are accessible by people with disabilities?
While some federal agencies are offering buyouts ranging from $15,000 to $25,000, the giant Social Security Administration is trying a new approach: No Cal buyouts. Senior Correspondent Mike Causey says if they catch on, your agency may be next.
The Project on Government Oversight reviewed the size of five of the largest defense contractors and found three of the five were reducing their workforces even as the Defense Department's procurement budget ballooned between 2006 and 2011.
Army Under Secretary Joseph Westphal said if the automatic spending cuts known as sequestration go into effect, the impact to the Defense Department will be "devastating." At the same time, the DoD still must plan for cuts as tight budget continue and combat operations shrink.
August is hot in DC, Atlanta, Houston, St. Louis and Cincinnati and lots of other places too. But those of us inside the Beltway get a break you don't...that's because for the next month...until after Labor Day, tens of thousands of the people who at times make this such a toxic town are away — back with the folks who sent them here in the first place.
Agencies should not change their spending plans for this year or next, but need to start assessing which programs would be impacted by automatic sequestration cuts if Congress doesn't cancel them, OMB acting Director Jeff Zients told Congress Wednesday.
When you think of the good old days do you think of your childhood, or maybe when you were in high school or college? For some people, like those who work for or are otherwise linked to Uncle Sam, Senior Correspondent Mike Causey says the good old days may be as recent as this time last year when we thought times were tough.
Ever watch an inept team of trainees assemble then take apart an explosive device? If not, move to D.C. or watch live coverage of Congress on TV. With Congress, you get the political version which, more often than not, ends in a whimper rather than a bang, Senior Correspondent Mike Causey says.
Faced with congressional inaction in averting looming across-the-board cuts that take effect in January, the Office of Management and Budget will begin meeting with agency leaders to discuss how the cuts will be implemented. In a memo to agency heads, OMB Director Jeff Zients said his office will consult with agencies to determine which budget accounts and programs are exempt from sequestration.
On the In Depth show blog, you can listen to the interviews, find more information about the guests on the show each day and links to additional resources.
With a tighter defense budget and the threat of sequestration, defense contractors say they may have to lay off thousands of workers and look for business overseas.
Good news, bad news. The good news is that the end of the world — in your case, maybe extended furloughs or even a layoff — is likely to be extended. Things are currently scheduled to go boom early next January. But there are signs that Congress may delay the day of reckoning until March or April of 2013. Now your only worry is the Mayan calendar, Senior Correspondent Mike Causey says.