Tag:
federal deficit
Latest Headlines
Latest Headlines
White House: 'No wiggle room' in sequesters
The consequences of the Joint Select Committee on Deficit Reduction's failure are supposed to be extreme under the rules laid out in the Budget Control Act of 2011 (.pdf). But since the Super
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
Federal employees would see retirement and health benefit cuts under White House plan
In seeking to reduce the federal deficit by $3 trillion, a new White House proposal (.pdf) would cut payouts to federal civilian retirement and military health plans. The Obama administration
Backgrounder: Balanced budget constitutional amendment
According to Sec. 201 of the Budget Control Act of 2011 ( S. 365 Public Law 112-25 [.pdf]), the recent deal to raise the debt ceiling, the House and Senate must, at some point between Sept. 30, 2011
Debt ceiling deal won't have major effect on federal IT, says INPUT
Mandatory caps on discretionary spending placed onto the federal government as part of a deal to raise the debt limit will likely not have a major effect on information technology spending, says
Federal government poised for era of austerity
With expected August 2 passage in the Senate of a House-approved measure to increase the federal debt ceiling limit by as much as $2.4 trillion over the current $14.3 trillion limit, the federal
