Tag Archives: spending

President Trump Signs $8.3B Emergency Coronavirus Spending Bill; Sen. Maria Cantwell, Dr. Tedros Adhanom Ghebreyesus Quoted

blank

President Trump signed a new $8.3 billion spending bill to combat the spread of coronavirus, the White House announced on Friday. The funds will be allocated to the prevention efforts and research to expedite the development of a vaccine for the virus. 

Read More »

Laura Stanton: GSA’s E-Commerce Proof-of-Concept Seeks to Capture Spending Data Related to Micro-Purchases

blank

Laura Stanton, deputy assistant commissioner for category management at the General Services Administration, said a plan to field an e-marketplace platform seeks to provide GSA and other agencies better visibility into their spending, Federal Times reported Friday.

Read More »

Ryan McCarthy Previews Army’s FY 2020 Budget Plan

blank

Army Undersecretary Ryan McCarthy has offered a preview of the service’s budget request for fiscal 2020 at a Center for a New American Security event held on Monday, FCW reported Monday. "There are some hard choices in this budget, and there will be more in the future,” McCarthy said about the service’s spending plan to be released next week. 

Read More »

Ryan McCarthy: Army Shifting $30B for Modernization Efforts

blank

During an Association of the United States Army event, Ryan McCarthy, army undersecretary, said that the service branch has realigned around $30B in its five-year spending plan to address modernization needs, National Defense magazine reported Tuesday. McCarthy noted that $22B will result from proposed program cuts while $8B will come from “cost avoidance” initiatives.

Read More »

David Norquist: DoD Developing Financial Database Under Pilot Program

blank

David Norquist, acting deputy secretary of defense, said Wednesday during a Center for the National Interest event in Washington, D.C. the Department of Defense is developing a financial audit database, FCW.com reported Wednesday. Norquist said the pilot program aims to resolve issues cited by the DoD inspector general’s first ever audit issued in November 2018.

Read More »

Four Senators Approach 13 Agencies to Address Year-End Binge Spending

blank

Four senators have asked the chief financial officers of 13 agencies to address their “use it or lose it” spending at the end of the fiscal year. The U.S. Senate Committee on Homeland Security and Governmental Affairs said Wednesday Sen. Ron Johnson, Claire McCaskill, Rand Paul and Gary Peters expressed concerns that agencies may possibly spend more money at the end of fiscal year 2018 compared to previous years.

Read More »

President Trump Vows Missile Defense Spending Increase

blank

President Donald Trump has said he plans to increase spending on the country’s missile defense efforts in response to North Korea’s increasing nuclear threats, Washington Examiner reported Friday. “We’re going to be increasing the anti-missile by a substantial number of billions,” Trump told reporters Thursday. The White House’s fiscal 2018 …

Read More »

Tony Scott: Gov’t Spends $3B on Maintenance Contracts for End-of-Life IT Products

blank

Federal Chief Information Officer Tony Scott has said government agencies spend more than $3 billion on maintenance contracts for information technology products that are nearing retirement and no longer have available spare parts, service or patches, Federal News Radio reported Wednesday. Scott told Jason Miller in an interview at the ACT-IAC Management of Change …

Read More »