A Center for Strategic and Budgetary Assessments analyst predicts that defense budget may drop as much as $415 billion if sequestration remains in place over the next decade, Aviation Week reported Friday. Michael Bruno writes CSBA defense analyst Todd Harrison said Thursday that the military’s authorized procurement would fall to $62 billion on an annualRead… Read more »
In my work with public sector customers, I am constantly inspired. Resilient government leaders respond creatively to daunting circumstances time and again, turning to such tactics as alternative funding, new service delivery methods, and innovative partnerships to help them continue providing essential citizen services. The current budget crisis is no exception. Today, federal managers reportRead… Read more »
The bruising battles over the budget and debt ceiling only resulted in pushing the goal posts for completion down the road a few months. Are there any lessons on how to be more successful? A timely new book by veteran public finance experts at the International Monetary Fund describes how budget and finance reforms haveRead… Read more »
The TechAmerica Foundation forecasts federal agencies will spend $70 billion per year on known and unclassified information technology by fiscal year 2019, FierceGovernment IT reported Tuesday. David Perera writes the findings are measured in constant dollars, with civilian IT spending projected to reach $38.3 billion for fiscal 2014 and $39 billion in constant dollars forRead… Read more »
The Nuclear Regulatory Commission has run out of funds to continue operations and will be forced to close down Thursday until it receives a new appropriations measure. Ninety percent of the NRC’s budget comes from collected fees that must be deposited in the U.S. Treasury and Congress must pass a new funding measure for theRead… Read more »
For years now, the beleaguered federal workforce has paid too high a price for the political ineptitude of Congress. Hard working and loyal public servants should never be used as political pawns in an ideological chess match. Feds are not sacrificial lambs that lawmakers can conveniently use to cover up their own conspicuous failure toRead… Read more »
Continuing to provide adequate services in the face of unprecedented across-the-board cuts; a declining, dispirited workforce; and growing financial and other management requirements is the top concern of Federal Chief Financial Officers (CFOs), according to the 18th annual federal CFO Survey conducted by the Association of Government Accountants (AGA) in partnership with Grant Thornton LLP.Read… Read more »
The General Services Administration could reduce the scope of or terminate some existing contracts with the Public Building Service as a result of the government shutdown. Jennifer Smith, PBS acting deputy assistant commissioner for acquisition management, told industry partners in an Oct. 2 letter the lack of a fiscal year 2014 budget has caused aRead… Read more »
The Professional Aviation Safety Specialists union has asked Congress to set aside partisanship and end the deadlock on the federal budget, warning that the country’s aviation system is at risk the longer the resulting work stoppage continues. The shutdown Tuesday has seen 15,000 sidelined employees from the Federal Aviation Administration, more than 4,000 of whichRead… Read more »
by Steve Charles, Co-founder and Executive Vice President With the Washington Nationals now eliminated for sure from this season’s baseball playoffs, Washington the city and the market can focus fully on handicapping the possibility of a government shutdown next week. Just in case, the White House issued a memo this month on agency operations duringRead… Read more »