A Congressional Budget Office report says the U.S. posted a budget surplus of $109 billion for the month of April 2016, about $47 billion less than the amount of surplus recorded in the
MoreThe House Appropriations Committee took up a bill that allocates $81.6 billion to finance military facility construction projects and veterans’ benefits programs for fiscal 2017, Defense News reported Thursday. Joe Gould writes that spending
MoreA new Congressional Budget Office report shows that federal budget deficit amounted to $165 billion after four months of fiscal 2016, about $29 billion lower than the figure for the same period in fiscal
MoreThe Congressional Budget Office forecasts the U.S. budget deficit to reach $544 billion in fiscal 2016, about $105 billion more than fiscal 2015’s shortfall, Bloomberg reported Wednesday. Andrew Mayeda writes CBO said in a budget and economic outlook report
MoreThe Senate voted 64-35 early Friday to pass a bipartisan budget deal that sets two-year government spending priorities and averts a possible federal default next week, Bloomberg reported Friday. Terrence Dopp and
MoreThe House approved a budget deal by a 266-167 bipartisan vote Wednesday to raise spending levels for the next two years and extend the government’s borrowing authority until March 2017, USA Today reported Wednesday.
MoreRep. Will Hurd (R-Texas) told MeriTalk in an interview published Friday he has observed an organizational culture that has prevented agencies from implementing cloud migration efforts at a faster pace. Hurd, chairman
MoreThe Treasury Department reported that the fiscal 2015 federal budget deficit was $439 billion, a 9 percent decline from the prior-year shortfall and the smallest deficit since 2007. Last fiscal year’s deficit
MoreThe Treasury Department and the Office of Management and Budget have finalized the data standards to guide federal agencies on how to report government spending data as part of the implementation of
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Elizabeth Hyman, TechAmerica Foundation executive vice president, says the federal market remains a viable option for government contractors even with forecasts of tighter spending in federal defense and civil information technology. âDespite
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