Search Results for: sequestration

CBO: Spending Estimates Indicate Sequestration Not Required in FY 2015

A new report by the Congressional Budget Office says that sequestration is not required for fiscal year 2015 as budget appropriations for defense and nondefense programs do not exceed caps on discretionary budget authority. CBO said Monday that the enacted defense funding for fiscal 2015 is equal to the limit of $585.8 billion, while the …

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John McCain: Cyber, Cost-Plus Contracts, Sequestration on Agenda for SASC Chairmanship

Sen. John McCain (R-Ariz.) has highlighted cybersecurity, cost-plus contracts and the sequestration as top focus areas as he prepares to take the chairmanship of the Senate Armed Services Committee, Defense News reported Wednesday. John Bennett writes that McCain told a forum in Washington he sees room for additional action in issues concerning cyberspace, …

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Robert Work: DoD to Cut Admin, Overhead Costs if Sequestration Remains

Deputy Defense Secretary Robert Work has said the Pentagon plans to cut administrative and overhead expenses at the Office of the Secretary of Defense and 16 sub-agencies in light of sequestration, Federal Times reported Tuesday. Andrew Tilghman reports that the move is the result of efficiency reviews with the Defense Business Board and Business …

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Carl Levin Forecasts Bipartisan Effort to Pass Sequestration-Replacement Bill

Sen. Carl Levin (D-Mich.), the Senate Armed Services Committee chairman, has predicted a future “coming together” of both parties to reduce the impacts of sequestration on the military and the defense industry, Defense News reported Thursday. John Bennett writes that lawmakers are looking into alternatives in reducing the deficit, such as tax code reforms for …

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Sen. Bob Corker: GOP-Controlled Congress in 2015 Could Halt Sequestration

Sen. Bob Corker (R-Tenn.) believes that a “grand bargain” on sequestration is possible if Republicans win majority control of the Senate and House in this year’s midterm elections, Defense News reported Thursday. John Bennett writes that Corker forecasts that a Republican-controlled Congress in 2015 would open a window of opportunity …

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Legislators Call Attention to Possible Sequestration Effects

Lawmakers have expressed concern over the potential consequences of cuts to defense spending cuts and the ending of weapons procurement programs to the country’s military readiness and technical and industrial base, Defense News reported Tuesday. John Bennett writes the House Armed Services Committee, in a note attached the the lower …

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GAO: 18 Agencies Saw Cuts to Federal IT Contracts in FY 2013 Under Sequestration

A new Government Accountability Office study says many agencies either rescoped or delayed their information technology projects in order to meet sequestration requirements during fiscal year 2013, FCW reported Wednesday. Reid Davenport writes that FY 2013 automatic budget cuts hit IT contract work at 18 federal agencies, while 19 agencies …

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