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Budget Control Act

Latest Headlines

Latest Headlines

White House includes NSTIC defunding as reason for veto threat

The White House cites a lack of funding for the National Strategy for Trusted Identities in Cyberspace among other reasons for a May 7 veto threat to a House Appropriations Committee-approved fiscal 2013 funding bill.

House Budget Committee approves additional spending cuts

In a move that critics say is a cure worse than the disease, the House Budget Committee voted May 7 to approve a pair of bills that would prevent automatic sequestration.

Sequestration will result in 12% discretionary drop

If sequestration happens as currently called for by the Budget Control Act, it will result in a real drop of 12.1 percent in discretionary spending compared to the current fiscal year, says the Congressional Research Service in a new report.

VA exempt from sequestration, says OMB

Unless Congress moves to reverse provisions of the Budget Control Act it approved in 2011, the federal government faces the likelihood of having to shave $98 billion from its fiscal 2013 budget this January.

Defense S&T officials urge Congress not to cut them disproportionately

Defense science and technology officials urged lawmakers April 17 not to let budget cuts fall too heavily on their functions."We must guard against using S&T as a bill payer," said Marilyn Freeman, deputy assistant secretary of the Army for research and technology.

Sequestration would affect FBI 'for many years,' says Mueller

Approximately 60 percent of the FBI's $8 billion budget is now dedicated to national security programs, FBI Director Robert Mueller told a March 15 Senate panel. The FBI fiscal 2013 budget request is

Shelton: DoD space program cuts mostly 'programmatic'

The Defense Department's stated priorities in space and cyberspace--as defined in a January 2012 Strategic Guidance document (.pdf)--aren't supported by the president's fiscal 2013...

Coast Guard could cut back operations without NSCs, says Papp

The Coast Guard could be forced to cut back its anti-drug smuggling operations in the Pacific and Caribbean and curtail actions against illegal high seas drift net fishing boats if it does not

GAO: Sustainable deficit reduction picture improves, but remains murky

Even if the Super Committee enacts the additional $1.2 trillion to $1.5 trillion in deficit reductions called for under the Budget Control Act, it won't be enough to ensure sustainable deficit

White House: FEMA needs $1.5 billion for Irene loses

The White House estimates that covering uninsured losses caused by Hurricane Irene and subsequent flooding in New England will cost $1.5 billion in the coming fiscal year. Irene has caused President