Sequestration Cuts To Be Detailed in Report to Congress

Added 09/11/2012 – 10:28 by Kyra Kozemchak Expert

Originally published for Federal Industry Analysis: Analysts Perspectives Blog. Stay ahead of the competition by discovering more about GovWin IQ.

Following President Obama signing the “Sequestration Transparency Act” (H.R. 5872) last month, the Office of Management and Budget (OMB) is due to provide sequestration specifics in a report to Congress by September 6, 2012. The report is due to list every program and activity across the federal government that will be subject to funding cuts. With the end of the current fiscal year approaching, agencies and contractors are eager for any additional insight into what next year may have in store. Continue reading “Sequestration Cuts To Be Detailed in Report to Congress”

Spending cuts likely to trigger furloughs

Spending cuts likely to trigger furloughs

Federal agencies will have to consider furloughing employees if Congress and the White House cannot reach a deal before the end of the year to stave off the governmentwide automatic spending cuts scheduled to take effect in January 2013, according to a former top budget aide on Capitol Hill.

“I’m afraid you are going to have to be looking at furloughs,” Bill Hoagland, a longtime policy and budget adviser to former Republican Sens. Bill Frist of Tennessee and Pete Domenici of New Mexico, told an audience of federal employees during Government Executive’s Excellence in Government conference in Washington on Thursday. Hoagland said if furloughs are to occur at some agencies, managers will have to decide them wisely to avoid triggering reductions-in-force among staff, which could be costly. A furlough of more than 30 calendar days, or of more than 22 discontinuous work days, is considered a RIF, according to the Office of Personnel Management. Continue reading “Spending cuts likely to trigger furloughs”