Topic:

Federal Budget

Latest Headlines

Latest Headlines

HASC subcommittee leader says DoD needs more broadly trained soldiers

The head of the House subcommittee on military readiness said the Defense Department needs train soldiers for a broader set of missions during tough fiscal times, at a Center for Strategic and International Studies discussion last week. "People have extraordinary experience, but in a very narrow range of operation. I can guarantee you that the challenges they face in the future will not be exactly like what they have faced in Iraq and Afghanistan. So the question is how do you make sure you train to develop that capability?" said Rep. Robert Wittman (R-Va.), chairman of the House Armed Services Committee subcommittee on readiness at the event.

GAO finds some security weaknesses within Fiscal Service's information systems

A review of a bureau's information systems within the Treasury Department found a "signficant deficiency" in security measures over financial reporting, a Government Accountability Office report released July 18.

House appropriations provision would cancel IRS executive bonuses

Under an appropriations bill passed by the House last week, executives at the Internal Revenue Service would be ineligible for performance awards in 2015. The bill (H.R.5016), passed by the House July 16, sets out fiscal 2015 appropriations for the IRS and general government services. The bonuses provision was added as an amendment by Rep. Paul A. Gosar (R-Ariz.) and approved in a 282-138 vote. The amendment would affects IRS career management officials in the Senior Executive Service.

DoD overseas budget request decreases as war winds down

The Defense Department's decreased war budget request comes as a result of the war in Afghanistan winding down, Deputy Defense Secretary Robert Work told a House panel. The DoD requested $58.6 billion for Overseas Contingency Operations funding for fiscal 2015--about $26.7 billion less than the fiscal 2014 enacted level. And it comes in at about $100 billion less than the OCO request from fiscal 2011.

House passes bill slashing IRS budget, but allowing Obama to implement federal pay raise

The House passed a fiscal 2015 appropriations bill Wednesday that slashes funding for the Internal Revenue Service, but opens the way for President Obama to implement a pay bump for federal workers.

CBO: Senate committee Postal bill would save agency $17 billion

A Senate committee approved Postal Service reform bill would cost about $19 billion, but eventually save the USPS $36 billion over the next ten years, a Congressional Budget Office estimate says. The USPS net budgetary savings would come in at about $17 billion over the period of 2015-2024, the CBO says.

Obama opposes House appropriations bill that would gut clean water protections

President Obama came out strongly against the House's fiscal 2015 Energy Department and Army Corps of Engineers appropriations bill, saying some amendments boost the coal industry while others gut clean water protections.

DOI to hand out more than $43 million to states for conservation projects

The Interior Department will dole out $43.38 million from the Land and Water Conservation Fund to all 50 states and the District of Columbia for state-identified outdoor recreation and conservation projects, Secretary Sally Jewell announced July 8.

Obama asks Congress for $3.7B to deal with thousands of child migrants in southwest border

President Barack Obama is seeking $3.7 billion in emergency appropriations from Congress to help deal with the thousands of unaccompanied children crossing the southwest border.

CBO lays out DoD cost cutting options including pay raise caps and reduced benefits

If sequestration continues, the Defense Department will need to cut spending by about $500 billion over the next decade and that could be most easily achieved by cutting benefits and pay, a June 30 Congressional Budget Office report says.