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With two potential budget showdowns on the horizon – the sequester and the expiration of the Continuing Resolution (CR); and a third down the road – the next expiration of the debt ceiling – Democrats and Republicans appear to be headed for a confrontation over the sequester. Both sides are
Having barely avoided falling off the fiscal cliff on January 1, we soon found ourselves sliding down a slippery slope toward a dark and gloomy abyss. The sequester was postponed for only two months, the debt ceiling was raised, but only until May, and we continue to hurtle toward the
Despite the postponement of H.R. 273 (see accompanying newsletter), some fiscal hawks are unlikely to abandon their assault on federal pay. During the last Congress Republicans proposed several bills that would have extended the federal pay freeze up to five years, as well as proposals to prohibit feds from receiving
Even the uncertainty is uncertain. Having managed to barely avoid tumbling over the fiscal cliff, the sky has darkened and we’re facing a perfect storm of budget crises that includes addressing the debt ceiling, sequestration part 2, and the expiration of the continuing resolution (CR). Secretary of Defense Leon Panetta
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