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Norm Dicks Optimistic Over Sequestration Deal Odds

The top Democrat on the House Appropriations Committee believes Congress will find a way to avoid the sequestration cuts scheduled to start in January because of potential consequences of the cuts, the Seattle Times reports. Norm Dicks, ranked 10th in seniority for the full chamber, said he believes Congress should …

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Budget Analyst: Sequestration Effects on Contractors Have 3-Year Lag

A budget analyst claims the automatic budget cuts scheduled for January would only affect 3.5 percent of weapons programs for the next fiscal year, Bloomberg reports. Todd Harrison, a budget analyst with the Center for Strategic and Budgetary Assessments, said defense contractors would feel the full effect of sequestration cuts …

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DOT CIO Nitin Pradhan Stepping Down

Transportation Department Chief Information Officer Nitin Pradhan is stepping down from his position to return to the private sector, effective Aug. 31, the department announced Thursday. Deputy CIO Tim Schmidt will succeed Pradhan on an acting basis and the department said Schmidt will continue many of Pradhan’s initiatives. Before joining …

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Jerome Pender Named FBI IT Branch Lead

FBI Director Robert Mueller has promoted Jerome Pender to executive assistant director of the information and technology branch, the bureau announced Wednesday. Prior to this promotion, Pender served as deputy assistant director of the criminal justice information services division. He joined the FBI in 2003 as deputy assistant director of …

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CBO Outlines Projected FY 2012 Deficit, Future Impacts

The Congressional Budget Office said Wednesday that fiscal year 2012 will end with a federal budget deficit of about $1.1 trillion, or 7.3 percent of the gross domestic product. CBO added it believes unemployment will stay at more than 8 percent for the rest of the fiscal year, with the …

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Obama Expresses Optimism Sequestration Can Be Avoided

President Barack Obama believes Congress will figure out how to avoid the more than $1 trillion cuts under sequestration scheduled to start in January, the Virginian-Pilot reports. In an Oval Office interview with Kate Wiltrout, Obama said both parties should agree to a proposal that includes both spending cuts and …

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David Wessel: Sequestration Compromise ‘Ambitious But Possible’

Congress agreeing to enough tax revenue increases and spending cuts that would nullify sequestration cuts is an ambitious goal but could be possible, the Wall Street Journal’s economics editor has said. According to FierceGovernment, David Wessel made the comments during an Aug. 10 New America Foundation event in Washington. He …

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