Federal Budget | Federal Times

Snagged military fuel card contract triggers lawmaker scrutiny

Rep. Michael Waltz raised alarms about the AIR Card contract process.

4 days ago

President Biden, House Speaker McCarthy to discuss debt limit

"There will not be a default,” McCarthy said, though he suggested that declaration depended on the willingness of Biden and Democrats to negotiate.

4 days ago

Federal Oversight

Debt ceiling: 2011 showdown leaves lessons for Biden, GOP

The Treasury Department has notified Congress that it’s time to again raise the nation’s debt ceiling, now at $31 trillion.

The Capitol in Washington, D.C., is seen Nov. 4, 2022.

Fears of the next government shutdown loom months ahead of deadline

Comments from Republican House leaders on their fiscal priorities have prompted concerns that a budget deal may be more difficult than ever.

3 weeks ago

TSA employees could get a pay bump under new spending bill

Unlike the majority of federal employees who are paid under the General Schedule, transportation security officers fall under the excepted service.

4 weeks ago

‘Special pay’ keeps Pentagon’s cyber experts from jumping ship

Services “spent at least $160 million on cyber retention bonuses annually” from fiscal 2017 to 2021, the Government Accountability Office said.

5 weeks ago

States banking big bucks as Fed fights inflation

States ranging from Democratic-led Massachusetts to Republican-led Texas as well as politically divided Minnesota all are sitting on large surpluses.

5 weeks ago

In this undated file photo released by the Taiwan Ministry of Defense, a Chinese PLA J-16 fighter jet flies in an undisclosed location.

China sends 71 planes, 7 ships toward Taiwan in 24 hours

The increased military activity came after China expressed anger at Taiwan-related provisions in a U.S. annual defense spending bill.

5 weeks ago

Should the Pentagon invest in microreactors?

Microreactors are cost-effective if they have a large power capacity, are consistently used for the entire life span and if multiple units are implemented.

5 weeks ago

Congress finalizes full year budget for VA, Department of Defense

The $1.7 trillion package funds all government operations through September 2023.

6 weeks ago

First Lt. James Summer, 25th Fighter Squadron pilot, performs pre-flight checks on an A-10C Thunderbolt II at Osan Air Base, South Korea, Dec. 7, 2022. (Staff Sgt. Dwane R. Young/Air Force)

Air Force, Space Force priorities largely supported in funding bill

The Air Force is set to receive more than $216 billion in the fiscal 2023 federal spending bill released Monday.

6 weeks ago

White House announces Patriots for Ukraine amid Zelenskyy visit

The announcement came after Ukrainian President Volodymyr Zelenskyy landed in Washington for a meeting with President Joe Biden and an address to Congress.

6 weeks ago

Congress boosts Pentagon budget, Ukraine spending in omnibus

The Pentagon will receive a $69.3 billion budget increase over FY 22 on top of another $27.9 in emergency funding to support Ukraine.

6 weeks ago

Senate sends Biden bill to keep government open through Dec. 23

Congress in September passed a bill to keep the government running, but only through midnight Friday.

7 weeks ago

Lawmakers announce ‘framework’ on bill to keep federal government open

Congress faces a midnight Friday deadline to pass a spending bill and prevent a partial government shutdown.

7 weeks ago

Predictive maintenance works. Why isn’t the military using it more?

Officials estimate those initiatives have saved hundreds of millions of dollars, increased vehicle availability and cut time at work.

8 weeks ago

A graphical look at scenarios for the US defense budget through 2027

The president's budget requests could go his way, but there are also other routes appropriators might take.

8 weeks ago

Congress reveals plan to increase defense budget by 8%

The $858 billion bill allocates funds to help the Pentagon cope with inflation, procure additional weapons systems and bolster munitions production.

8 weeks ago

Secretary of the Air Force Frank Kendall speaks to attendees at the U.S. Space Force congressional birthday event in the Rayburn House Office Building, Washington, D.C., Dec 2, 2021. (Andy Morataya/Air Force)

Kendall: Stopgap budget would delay 61 programs, hurt readiness

Without enough money to fund aircraft maintenance and aircrew flying hours, Air Force Secretary Frank Kendall said, readiness rates would decline.

8 weeks ago

Demand for Ukraine oversight ‘part of Russian propaganda,’ Smith says

Houses Armed Services Committee says Ukraine is "spending the money really well; that’s why they’re winning."

2 months ago

Budget

Stay up to date on appropriations from Congress and budget policies from OMB and what they mean for your agency.

Rep. Michael Waltz raised alarms about the AIR Card contract process.

"There will not be a default,” McCarthy said, though he suggested that declaration depended on the willingness of Biden and Democrats to negotiate.

The Treasury Department has notified Congress that it’s time to again raise the nation’s debt ceiling, now at $31 trillion.

Comments from Republican House leaders on their fiscal priorities have prompted concerns that a budget deal may be more difficult than ever.

Unlike the majority of federal employees who are paid under the General Schedule, transportation security officers fall under the excepted service.

Services “spent at least $160 million on cyber retention bonuses annually” from fiscal 2017 to 2021, the Government Accountability Office said.

States ranging from Democratic-led Massachusetts to Republican-led Texas as well as politically divided Minnesota all are sitting on large surpluses.

The increased military activity came after China expressed anger at Taiwan-related provisions in a U.S. annual defense spending bill.

Microreactors are cost-effective if they have a large power capacity, are consistently used for the entire life span and if multiple units are implemented.

The $1.7 trillion package funds all government operations through September 2023.

The Air Force is set to receive more than $216 billion in the fiscal 2023 federal spending bill released Monday.

The announcement came after Ukrainian President Volodymyr Zelenskyy landed in Washington for a meeting with President Joe Biden and an address to Congress.

The Pentagon will receive a $69.3 billion budget increase over FY 22 on top of another $27.9 in emergency funding to support Ukraine.

Congress in September passed a bill to keep the government running, but only through midnight Friday.

Congress faces a midnight Friday deadline to pass a spending bill and prevent a partial government shutdown.

Officials estimate those initiatives have saved hundreds of millions of dollars, increased vehicle availability and cut time at work.

The president's budget requests could go his way, but there are also other routes appropriators might take.

The $858 billion bill allocates funds to help the Pentagon cope with inflation, procure additional weapons systems and bolster munitions production.

Without enough money to fund aircraft maintenance and aircrew flying hours, Air Force Secretary Frank Kendall said, readiness rates would decline.

Houses Armed Services Committee says Ukraine is "spending the money really well; that’s why they’re winning."