The Obama administration is requiring all agencies to propose budget cuts to reduce information technology spending by 10 percent, according to a guidance released by the Office of Management and Budget.
The cuts would come in fiscal 2014, and be calculated based on the average IT spending in fiscals 2010 through 2012. The White House wants the cuts to focus on imprudent IT expenditures.
Keep reading this article at: http://www.nextgov.com/cio-briefing/2012/08/white-house-agencies-cut-wasteful-it-spending-then-reinvest-smarter-tech/57564/?oref=govexec_today_nl.