As automatic budget cuts known as sequestration have inched closer and closer to becoming a reality, numerous leaders in the Defense Department have warned against what the cuts might do to the
MoreThe White House and congressional leadership met for one hour about sequestration that is supposed to take effect this evening. According to a Politico article, “next to nothing” was accomplished in the
MoreIf an alternative is found to sequestration, government employees may be required to contribute more to their retirement. With sequestration taking effect tonight, more than 1 million government employees could be hit
MoreJack Lew, President Barack Obama’s nominee for treasury secretary, was confirmed in a 71-26 Senate vote on Wednesday, Reuters reports. Lew is expected to lead deficit reduction talks with Congress and figure
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The Occupational Safety and Health Administration will freeze bonuses and hiring as part of its efforts to reprogram funds in the event of sequestration, GovExec reports. Under that reprogramming, the Labor Department
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In order to reach $85 billion in reduced spending by September 30, the Office of Management and Budget has told federal agencies they should no longer handout bonuses to employees, according to Jason
MoreThe Senate is expected to vote down alternative proposals proposed by both Democrats and Republicans aimed at avoiding $85 billion in sequestration cuts, Roll Call reports. Alan K. Ota writes Republicans James
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President Obama and congressional leaders will meet Friday at the White House to discuss potential avenues for avoiding automatic across-the-board budget cuts under sequestration, ABC News reports. The top four Republican and
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The National Institutes of Health would have to cut $1.6 billion from its budget for fiscal year 2013 under the automatic sequestration cuts scheduled to take effect Friday, USA Today reports. Dan
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The House is considering a defense appropriations bill that would let the Defense Department bring forward new programs before sequestration cuts would start affecting those programs, the Washington Business Journal reports. Some
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