Topic:
Federal Budget
Latest Headlines
Latest Headlines
NPS maintenance budget cuts will cost in the long run, NPS director says
Hiring freezes due sequestration backlogged maintenance and repairs at parks across the country and will cost the government money in the long run, National Parks Service Director Jonathan Jarvis said in an April 16 House Oversight and Government Reform Committee hearing . Many parks reduced maintenance and repairs, resulting in a backlog of maintenance, Jarvis said. Service-wide, the estimate of deferred maintenance needs is at $11.5 billion, Jarvis said.
Holdren outlines balancing act in science budget
Agencies will rely on partnerships to support the programs facing the largest cuts. International cooperation around physics, for example, has presented opportunities for saving money, said Director of the Office of Science and Technology Policy John Holdren, during an April 17 hearing of the House Science, Space and Technology Committee.
Coast Guard budget reflects 'tough decisions,' Papp says
The proposed Coast Guard budget for the coming fiscal year would fund the construction of just two Fast Response Cutters, a downgrade from the planned schedule of six annually that would require renegotiating the contract with manufacturer Bollinger Shipyards and result in a higher acquisition cost, Coast Guard Commandant Robert Papp told an April 16 congressional panel.
Furloughs particularly harmful to DARPA talent, Prabhakar says
"These are people who have come to DARPA for a short time to do something big," DARPA's Arati Prabhakar said, "and when they see these program delays, when they're told under furlough that you can't work one day a week...those are enormous negatives for these driven individuals."
Ryan and Lew agree on lower corporate tax, but not how to pay for it
House Budget Chairman Paul Ryan (R-Wis.) and Treasury Secretary Jack Lew agreed during an April 16 committee hearing that corporate taxes should go down and the tax base should be broadened, but how to pay for those tax cuts was a point of contention.
NOAA plans furlough days around summer holiday weekends
Most of the National Oceanic and Atmospheric Administration's offices would close in their entirety for 4 days this summer under furlough plans the agency has developed with unions that represent some of its employees.
Obama renews call to limit federal contractor pay
Contractor employees should make no more than the vice president, who is currently paid $230,700 per year, the administration says. President Obama called for a reduced cap in 2011 when the limit, based on private sector executive pay, reached $763,000.
The federal government gave up $181 billion in corporate tax revenue in 2011
In 2011, the government forewent collecting about $181 billion in corporate tax revenue due to 80 tax code exceptions, says the Government Accountability Office in a newly released March 18 report (.pdf). The amount of money the federal government spends through tax code corporate loopholes--known as tax expenditures--has increased over the last few decades, as has the number of corporate tax expenditures, the report says.
2014 Budget Request: DARPA
Spending at the Defense Advanced Research Projects Agency would go down slightly under the White House fiscal 2014 budget proposal when the agency's requested amount is adjusted for the Office of Management and Budget's projected rate of inflation.
2014 Budget Request: Citizenship and Immigration Services
The budget for U.S. Citizenship and Immigration Services would be $3.219 billion under the fiscal 2014 budget President Obama submitted to Congress April 10, a 2.36 percent inflation-adjusted increase from its estimated fiscal 2013 budget.
