Federal Budget and Appropriations
Congress and the Ulysses Solution: When Tying Your Hands Can Work; And When It Doesn’t
The sequester is in place despite Congress providing itself an expedited process meant to stave off these indiscriminate and draconian across-the-board cuts. Back in 2011, when congressional Republicans insisted on substantial spending cuts as the price of increasing the debt ceiling, the President and Speaker Boehner tried to reach a “grand bargain”. After failing in
Update on the Sequester and Its Potential Impact
With nine days to go, hope of averting the March 1 sequester continues to fade, with each side drawing a line in the sand, and little reason to believe that their differences can be breached any time soon. Last week the President again went on record demanding that any agreement to delay or cancel the
Debt Ceiling Extension Likely to Pass; No Federal Pay Freeze
Later today the House will vote on a plan to effectively lift the debt limit for four months, removing, or at least postponing, the threat of default. The bill, HR 325, temporarily extends the debt limit without seeking any concessions on spending, and allows Republicans a way to avoid having to actually cast a vote
Prospects for a Government Shutdown
With the first fiscal cliff deadline now behind them, congressional leaders and the White House have already begun to position on the next series of fiscal showdowns, which include the expiring debt ceiling, that has reportedly already been breached, although the Treasury Department can creatively manage until mid- to late February; the postponed sequester, downsized
What the Fiscal Cliff Agreement Means for FY2012 Spending
Under the fiscal cliff agreement, the sequester has been postponed for two months, to March 2. The agreement also reduces the size of the sequester, from $109 billion to $85 billion, which will be squeezed into seven months, rather than nine. Provided there are no changes prior to March 2, discretionary spending will still need
No Federal Pay Freeze in Fiscal Cliff Agreement, However…
Legislation passed by the House and Senate yesterday to avoid the fiscal cliff, the American Taxpayer Relief Act of 2012, postpones the sequester for two months, but does not contain a provision to extend the pay freeze on federal personnel. The only provision regarding federal pay prevents a cost of living adjustment to Members of
Moving Right Along: The Fiscal Cliff
Barely taking a breath after an election that kept Republicans in control of the House and Democrats in charge of the Senate and the White House, our political leaders immediately turned to the work at hand. Of course we’re talking about a constellation of pressing budget issues, aka, the “fiscal cliff”. Within two months we
Reprogramming Funds: Understanding the Appropriators’ Perspective
By Michelle Mrdeza, Adjunct GAI Faculty and Guest Contributor, and Kenneth Gold, GAI Director Reprogramming funds within accounts is often essential for agencies as they cope with changing circumstances affecting their programs. But getting permission is anything but a “given”. As a result, it is crucial for agency officials to understand both their agency guidance
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