Week in Review, or Picking on Peer Review
As the impacts of sequestration continue to emerge, mounting airport delays due to the across-the-board spending cuts spurred Congress into action last week. The Senate and House both passed bills (S.853/H.R. 1765) which would give the Department of Transportation additional flexibility to move funding between accounts and restore some of the furloughs (days off without [...]
Week in Review, or Calling their Bluff
With Congressional legislative days dwindling, and no obvious solution to the looming fiscal crisis in sight, buzz in DC last week turned to a law requiring that layoff notices go out to employees 60 days before termination. Defense contractors and others who rely on federal funding to support their employees seem to have realized that [...]
Month in Review, or How I Spent My Summer Vacation
When I left you about month ago, the President had just signed the Budget Control Act. This legislation, agreed to by both Democrats and Republicans, set out top line federal spending number for the next 10 fiscal years and created a temporary Congressional committee charged with identifying long-term solutions to deficit reduction. After accomplishing this [...]
Week in Review, or Fiscal Fireworks
Washington was abuzz with a lot more than fireworks last week, which is definitely not the norm for a fourth of July week during which Congress would normally be in recess. As reported in my last update, the Senate cancelled their recess in order to allow more time for debt ceiling/deficit negotiations. The House took [...]
Week in Review, or What’s Behind Door #3?
After a seemingly endless game of Let’s Make a Deal, last week House and Senate appropriators finally revealed the details of how they plan to cut federal spending by some $38.5 billion. Despite some snags, such as when a Congressional Budget Office (CBO) analysis showed the bill would only cut $352 million, versus the promised [...]
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