The Center for Defense Information’s Winslow Wheeler compares how the deficit reduction plans handle defense spending and financial management reform.
President Obama said the Defense Department must continue to cut wasteful spending from its budget for the country to reach fiscal health. At the same time, the country must continue to invest in energy, science and technology, he said.
Host Debra Roth is joined by Federal News Radio’s Mike Causey, NARFE Legislative Director Dan Adcock, and World at Work’s Lenny Sanicola to talk about pending legislation in Congress that would change retirement benefits for federal workers. May 20, 2011
A budget proposal from Senate Democrats cuts security spending by nearly $900 billion over 10 years, and reduces funding to domestic programs by $350 billion. The proposal by Senate Budget Committee Chairman Kent Conrad (D-N.D.)also contains $10 trillion in deficit reduction savings.
Air Force Secretary Michael Donley said Monday there are certain capabilities the service must keep whole as it navigates the current budget situation. He did not offer clues as to what the service would be willing to give up.
John Palguta, the vice president for policy at the Partnership for Public Service, joined the Federal Drive with Tom Temin and Amy Morris to discuss what the plan means for federal employees.
If the debt reduction supercommittee fails to come up with spending cut recommendations by Nov. 23, automatic across-the-board cuts will go into effect. Lawrence Korb of the Center for American Progress analyzes what these cuts could mean for the Pentagon.
The administration, lawmakers and others are sounding off on the failure of the supercommittee to reach a deal for cutting more than $1 trillion from the deficit. Facing automatic, across-the-board cuts — half from defense and half from civilian agencies, beginning in 2013 — the consensus now seems to be Congress should work to come up with an alternative deficit-reduction plan.
Six senators sent a letter to their Senate leaders asking for a bipartisan effort to end the threat of automatic, across-the-board budget cuts due to take effect in January.
On this week’s Bloomberg Government Capital Impact, analysts discuss whether a health tax credit will work as intended plus the unintended consequences of deficit reductions for healthcare providers.