The federal government is more than halfway through its fiscal 2013 sequester, and the first round of automatic cuts, scheduled to last seven months, have reached a high-point.
Agencies have reduced rental assistance for thousands of rural, low-income residents, emergency unemployment benefits have been trimmed, and hundreds of thousands of federal workers are being furloughed — although some of the projected impacts haven’t materialized. Continue reading “Federal workers: How are you dealing with the sequester?”
May 30, 2013
The White House is backing down on its call to significantly reduce the cap on compensation for defense and civilian contractor employees. Last year, the White House proposed reducing the cap to $200,000, roughly equal to a Senate proposal to reduce the cap to $230,700. Despite those efforts, the reduced cap was stripped by the conference committee. Instead, Congress approved a Government Accountability Office report on contractor compensation (Sect. 864).
Now, the White House is backing a significantly higher compensation cap of $400,000 for federal contractor employees. The proposal is in the Defense Department’s legislative package that was sent to Congress in mid-March and, according to Federal News Radio and the file’s metadata, the author of the proposal was an Office of Federal Procurement Policy official. Continue reading “White House Backing Down on Contractor Compensation Cap”
EXECUTIVE OFFICE OF THE PRESIDENT
OFFICE OF MANAGEMENT AND BUDGET
WASHINGTON, D.C . 20503
FROM: Sylvia M. Bur, Director
SUBJECT: Fiscal Year 2015 Budget Guidance
We are continuing to work through a challenging period of budgeting. We have not had the regular order budgeting process that we would prefer, and I understand the compounding challenges that agencies face in continuing to provide vital services and protect mission in an environment of sequestration. These challenges have only increased the President’s resolve to work with Congress on restoring regular order and replacing sequestration with a balanced deficit reduction plan of additional spending cuts and sensible entitlement reforms coupled with revenue from tax reform.
The 2014 Budget included such a balanced approach, with more than enough deficit reduction to cancel sequestration and restore discretionary funding to levels agreed to in the bipartisan Budget Control Act. The 2015 Budget should continue to build on the President’s plan, by reducing spending on lower priority programs in order to create room for effective investments in areas critical to economic growth and job creation, including education, innovation, infrastructure, and research and development. In addition, particularly in these challenging fiscal times, more effective management strategies will be an important component of our overall approach to efficient and responsible budgeting. While I expect this to be another challenging budget year, the Office of Management and Budget (OMB) looks forward to working closely with the agencies to make the hard decisions that are necessary to reduce the deficit while investing in critical priorities. Continue reading “Office of Management and Budget Fiscal Year 2015 Budget Guidance”