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Posts Tagged ‘continuing resolution’

Sequestration Relief Would First Go to Readiness, Comptroller Says

  • November 11, 2013
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The Pentagon would readily accept any reduction in the $50 billion hit its fiscal 2014 budget is slated to take under sequester cuts going into effect in January, with the first dollars helping to offset cutbacks in training and readiness, said Comptroller Robert Hale. “We are in our own minds — and to some extent on paper — starting to create, if you will, buyback lists,” Hale told Politico. “Readiness would be high … I think that is the first thing we would try to buy back with $10 billion …

With No Budget, DOD Putting the Brakes on Spending

  • November 7, 2013
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The Pentagon’s acquisitions chief said Thursday he is postponing decisions on some programs until Congress provides greater clarity for the short-term outlook of the defense budget. At the same time, Frank Kendall, DOD’s undersecretary for acquisition, technology and logistics, said he is trimming the rate of spending, in anticipation of another round of across-the-board sequester cuts hitting the department in January …

Congressional Leaders Giving Budget Committee Space to Work, Preparing Contingencies

  • October 29, 2013
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When a joint House-Senate committee meets Wednesday to discuss differences between the two chambers’ budget priorities, the panel will have leeway to consider ways to address sequestration and potential new sources of revenue, CQ reports. The revenue side of the equation…

Prospect of Full-Year CR Raises Anxiety Level at Pentagon

  • October 27, 2013
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The deal reached earlier this month to end the government shutdown and fund agencies through Jan. 15 was wholeheartedly embraced by top DOD officials, but the need to operate under a continuing resolution (CR) for a minimum of three months and, possibly, for all of fiscal 2014 is creating concern at the Pentagon and on Capitol Hill. DOD has never operated under a year-long CR since the advent of modern budgeting in the 1970s. The deep chasm between the parties over the budget, though, means there is a distinct possibility that the only way to avert another shutdown is to pass a CR that runs through next September …

Both Sides Indicate Need to Target Sequester Cuts

  • October 27, 2013
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Comments by Democratic and Republican leaders last week signaled a common goal of addressing automatic spending cuts during deliberations of the House-Senate budget conference. Whether the two parties are willing to make the necessary compromises to “buy back” some or all of the sequester cuts is still an open question. Rep. Tom Cole (R-Okla.) seemed to create an opening when he told Bloomberg Television he would support new revenues to reach a deal …

Services to Prepare Separate FY’15 Budgets

  • October 22, 2013
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In a nod to the strong likelihood that sequestration isn’t going away anytime soon, the military services and defense agencies are preparing separate fiscal 2015 budget proposals for Congress. One will assume the deep spending cuts remain, while the other will assume Congress somehow reaches a deal to reverse them, reported CQ …

Pentagon Still under Cloud of Sequestration, Officials Stress

  • October 17, 2013
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Despite the end of the partial government shutdown and the return of about 5,000 civilian employees who had been furloughed since Oct. 1, Defense Secretary Chuck Hagel warned the department still must cope with the constraints of a stopgap spending bill and lower spending levels dictated by sequestration. “DOD is now operating on a short-term continuing resolution, which limits our ability to start new programs, and the damaging cuts of sequestration remain the law of the land …

Budget Conference Charged with Setting FY’14 Spending Level

  • October 16, 2013
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The deal to reopen the federal government approved by Congress Wednesday night still leaves unanswered questions regarding the topline for fiscal 2014 spending and whether Congress will pass individual spending bills or resort to another continuing resolution. The first order of business for the conference committee established under the deal ending the budget standoff will be setting the level of FY 2014 discretionary spending and allocations for individual spending bills that may or may not be enacted after the committee’s report is due Dec. 13 …

House, Senate Clear Measure Ending Government Shutdown, Extending Debt Ceiling

  • October 16, 2013
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The federal government is set to reopen today after both chambers of Congress Wednesday night approved a bipartisan deal crafted in the Senate, ending a weeks-long standoff triggered by the House’s decision to link approval of a fiscal 2014 continuing resolution to changes intended to unravel President Obama’s signature health care law. The Senate first passed the measure by an 81-18 margin, with the House later approving it by a 285-144 margin before sending it to the White House. President Obama has said he would sign the bill …

Senate Leaders Move Closer to Fiscal Deal

  • October 15, 2013
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Senate Majority Leader Harry Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.) moved closer Tuesday to a deal to reopen the government and extend the debt ceiling, with a final plan possibly ready to be unveiled today. The chamber’s leaders had suspended talks for much of the day after Senate Republicans embraced a relatively similar proposal under consideration in the House. Republican leaders in that chamber, however, failed to gain support from their conference and the plan fell apart …

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