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Category Archives: Budget and Spending
Trends in Federal Contracting
In fiscal year 2015, the federal government spent more than $430 billion on contracts for goods and services—almost 40 percent of all discretionary spending. These contracts covered everything from products such as major weapons systems and IT equipment, to services … Continue reading
“It was 50 years ago today…”
On June 1, 1967, the Beatles released their album, Sgt. Pepper’s Lonely Hearts Club Band in the United States. It revolutionized modern music and helped usher in the Summer of Love. In honor of this musical and cultural milestone, the … Continue reading
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June 1, 2017
Tagged ASM, Baby Boomers, Beatles, Centers for Medicare & Medicaid Services, CMS, Department of Defense, DOD, Federal Emergency Management Agency, FEMA, FMCI, HC, National Flood Insurance Program, National Oceanic and Atmospheric Administration, NFIP, NOAA, nursing homes, PI, Sgt. Pepper's, SI, V2V, weather satellites
The DATA Act Reporting Deadline Is Here—Will Agencies Show You the Money?
Ever wonder how federal agencies spend the trillions of dollars they’re allotted each year? Well Congress did too, and it passed the Digital Accountability and Transparency Act of 2014 (DATA Act), which required agencies to submit standardized, accurate financial information … Continue reading
GAO Insights into the Nation’s Finances and the Role of the Debt Limit
Today, U.S. Comptroller General Gene Dodaro delivered testimony to Congress on our nation’s unsustainable long-term fiscal position. He said that the Congress and administration face serious economic, security, and social challenges that will require difficult policy choices in the short … Continue reading
How to Save (A Lot More Than) A Billion—Reducing Fragmentation, Overlap, and Duplication in Government Programs
Today we released our latest report on fragmentation, overlap, and duplication among federal programs. Since 2011, we’ve been reporting on ways the government can be more efficient and save taxpayer money by looking for programs that work on different parts … Continue reading
A Tax Reform State of Mind
The tax code is complex and can create burdens for people and companies. And change does not come often. The last time the tax code was overhauled was in 1986. So what (if anything) should be done to reform it? … Continue reading
Actions for New Leaders – Our Priorities for Policy Makers App
Donald J. Trump was sworn in as the 45th President of the United States just a few days ago and the 115th Congress took office earlier this month. The new administration and Congress are taking shape, and will soon begin … Continue reading
A Check-Up on the Government’s Fiscal Health
After 6 years of declining deficits, the federal deficit increased to $587 billion in 2016 and U.S. debt held by the public stood at about $14.2 trillion at the end of 2016. These figures are only expected to grow. The … Continue reading
Getting a Good Deal — How to Do Federal Contracting Right
Oliver Hart and Bengt Holmström won the 2016 Nobel Prize for Economics for their contributions to contract theory—which looks at how contract incentives help resolve conflicts of interest between parties. And, as anyone who’s hired a contractor knows, ensuring that … Continue reading
Preparing the Next Leaders
The elections are over and new leaders are assembling staff, setting priorities, and preparing to tackle major issues facing the nation. What do these leaders and their staff need to know to hit the ground running in January? Our Management … Continue reading
