The military’s most recent budget request provides even more detail about the consequences of continued automatic spending cuts. Yet the U.S. military’s challenges did not start with the automatic budget cuts known as sequestration...
The media and public can’t wait to see the changes in U.S. civilian workforce statistics. After all, we all care about jobs. However, despite some interesting details, the public generally doesn’t discuss the federal government’s workforce.
Federal and state contractors and business owners seeking to become government contractors had an opportunity to learn from one another and talk one-on-one with federal contracting managers at the 10th annual GovConNet Procurement Conference.
The term sequester or sequestration has been thrown around in speeches, articles, and testimonies. Yet many Americans get that blank look in their eyes when you ask them to explain the term.
The automatic cuts, or sequester, that was triggered Friday, will result in a $5.5 million blow to the Small Business Administration nationwide. Small businesses in New York City employ 50 percent of the workers, according to Councilwoman Diana Reyna.
U.S. Defense Secretary Chuck Hagel warned Friday that uncertainty surrounding sequestration was impacting U.S. defense capabilities, and if allowed to take its course would have far reaching effecs.
Lockheed Martin Corp. won another contract to build F-35 fighter jets just hours before the U.S budget cuts, known as sequestration, were set to take effect Mar. 1.
The sequester deadline is approaching on Mar. 1, and if President Barack Obama and Congress do not work together to come up with a plan, then automatic budget cuts will go into effect.
Department of Homeland Security Secretary Janet Napolitano said that the automatic budget cuts, which would see $85 billion in across-the-board spending cuts in the first year, would force cuts across all areas of her department and set it back from further development.