The House introduced legislation Monday night that includes two full-year appropriations bills for the departments of Defense and Veterans Affairs and is intended to help them manage sequestration cuts. According 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
MoreIn 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 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
MoreThe Senate voted 58-41 Tuesday to confirm Chuck Hagel as the next defense secretary and will be sworn into office Wednesday, Reuters reports. Patricia Zengerle writes that four Republicans supported Hagel’s nomination
MoreDefense Department officials have decided to slow down payments for prime contractors to increase its cash reserve effective this week, reports Marcus Weisgerber at Defense News. Notification on the changes will start
MoreThe U.S. Navy has released new budget guidance offering a comprehensive preview of the effect of budgets cuts and sequestration on the industrial front and sailors, reports Sam Fellman for Defense News.
MorePresident Obama has once again called on Congress to avoid sequestration as he spoke with emergency responders on February 19, according to David Stegon for FedScoop. The President said that allowing sequestration
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