The Contracting Education Academy

Contracting Academy Logo
  • Home
  • Training & Education
  • Services
  • Contact Us
You are here: Home / Government Contracting News / Sequestration would cost civilian agencies $39 billion, contractor group says

September 6, 2012 By AMK

Sequestration would cost civilian agencies $39 billion, contractor group says

Nondefense agencies would be hit with $39 billion in top-line budget cuts if the current law’s threat of sequestration kicks in on Jan. 2, 2013, according to new calculations by the Professional Services Council, a contractors trade group.

Though Congress and the White House could still reach a budget deal and head off the 2011 Budget Control Act’s requirement of across-the-board reductions, industry groups have been sounding the alarm about the short- and long-term harm the indiscriminate cuts would impose — particularly in defense.

In a pivot to the civilian agency side, the council recently analyzed sequestration’s likely impact on 16 nondefense agencies for fiscal 2013. It assumed that Congress will pass a six-month continuing resolution, as expected, and that fiscal 2012 enacted levels form the basis for applying the cuts.

Keep eading this article at http://www.govexec.com/management/2012/08/sequestration-would-cost-civilian-agencies-39-billion-contractor-group-says/57816/?oref=management_agenda_nl 

Filed Under: Government Contracting News Tagged With: Agriculture Dept., budget cuts, Commerce Dept., DHS, DoD, Education Dept., Energy Dept., EPA, HHS, Homeland Security, HUD, industrial base, Justice Dept., Labor Dept., NASA, OMB, sequestration, Transportation Dept., Treasury, VA

Popular Topics

abuse acquisition reform acquisition strategy acquisition training acquisition workforce Air Force Army AT&L bid protest budget budget cuts competition cybersecurity DAU DFARS DHS DoD DOJ FAR fraud GAO Georgia Tech GSA GSA Schedule GSA Schedules IG industrial base information technology innovation IT Justice Dept. Navy NDAA OFPP OMB OTA Pentagon procurement reform protest SBA sequestration small business spending technology VA
Contracting Academy Logo
75 Fifth Street, NW, Suite 300
Atlanta, GA 30308
info@ContractingAcademy.gatech.edu
Phone: 404-894-6109
Fax: 404-410-6885

RSS Twitter

Search this Website

Copyright © 2023 · Georgia Tech - Enterprise Innovation Institute