fiscal cliff

For the fourth straight year, federal IT spending was about even with the prior year’s budget – and it seems very clear that trend will come to an abrupt halt in 2013. The Professional Services Council (PSC) stated the “Addressable IT Budgets” in Fiscal Year 2012 added up to $121.7 billion – a total the Council estimates will drop to $115.5 in FY13, with budgets for IT equipment expected to drop 19% in FY13.

With the so-called “fiscal cliff” looming, the new year began promptly with a deal that largely addressed the tax portion of the so-called “fiscal cliff” equation, but delayed measures addressing the spending portion of the “cliff” that include raising the debt ceiling and sequestration spending cuts. Keep reading →

This article, from American Enterprise Institute scholar and frequent AOL contributor MacKenzie Eaglen, looks at the increasingly likely consequences of the fiscal cliff. It originally appeared as part of an Breaking Defense series of 2013 forecasts. Keep reading →

GSA Acting Administrator Dan Tangherlini said Wednesday that the “supply” agency is working with other agencies to plan for possible sequestration budget reductions since that would mean cutting back on everything from supplies to real estate.

“Our planning is really responsive to the agencies we serve and to get a better sense of how they are thinking about it,” Tangherlini told reporters following a speech at George Washington University. “One of the things we are trying to do is establish a continual framework of communication and see if there are ways we can help [other agencies] manage their way through it.” Keep reading →

The “Best Places to Work in the Federal Government” report released today highlights NASA, the Federal Deposit Insurance Corp. and the Surface Transportation Board among agencies with top rankings, but it also found growing discontent among public servants. Keep reading →

My perspective on the outlook for cyber initiatives is quite different heading into the New Year than in past years.

While there are always budgetary uncertainties and looming cuts in government IT spending, this year, we face an unprecedented financial uncertainty as our nation stands on the edge of a fiscal cliff. That will impact not only the resources we have to invest in technology, but how people work and live. Keep reading →

“We’re long past the point of doing more with less,” said the blunt-spoken Under Secretary of the Navy, Robert Work. “We are going to be doing less with less in the future.”

But with a continuing resolution, sequestration in three weeks, and to-be-determined defense cuts a likely part of any “grand bargain” to avert the fiscal cliff, how much less is maddeningly unclear. So it’s impossible to make intelligent plans or choices. Keep reading →

With the “fiscal cliff” closely looming on the horizon, the post-election honeymoon is over for President Barack Obama. Both parties must work to avert the pending spending cuts and tax hikes that will take place should a compromise not be reached by December 31.

Reuters recently reported that a compromise is being negotiated between the Obama administration and congressional leaders that would key in on a deficit reduction package in Congress’ January session. This comes after President Obama and House Speaker John Boehner (R-Ohio) discussed the matter last Friday, stating they are ready to work together on an agreement, including the possibility of listening to new ideas to get a deal done. Keep reading →

Chicken Little squawked about the sky falling. Pundits warn about the Fiscal Cliff. But federal agencies nearly every year hold up the sky while walking on the edge of a cliff. This is the world of Continuing Resolutions and Government Shutdowns.
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This article originally appeared on the IBM Center for the Business of Government’s blog.
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Hope springs eternal, even here in the nation’s capital. After the election, both President Obama and House Speaker John Boehner made nice noises. And many pundits hailed this, believing either that sequestration would get kicked down the road a fur piece or a Simpson-Bowles’ grand bargain was in the works.

The big sticking point — at least rhetorically — had been that the Democrats want higher taxes on those earning more than a quarter of a million dollars each year and the GOP does not. Then came the electorate’s rejection of Mitt Romney and the Democrat’s better than expected performance in the Senate. Add to that the defeat of several high profile Tea Party candidates and some argued that the stage was set for compromise. Keep reading →

Federal workers have weathered a two-year pay freeze, increased health insurance premiums, and threats of more cuts from Republicans.



Now their jobs are in jeopardy. Some 277,000 workers — 14% of the federal work force — could lose their jobs in the next 12 months if the U.S. cannot avert the so-called fiscal cliff, according to a study by the Center for Regional Analysis at George Mason University.

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