Deltek: There’s Little New for Contracting Industry in Obama’s Budget
February 19, 2012
In an election year, the president's budget request typically draws hyperbolic rhetoric. The opposing party derides the budget as radical and irresponsible, while the party in power calls it an example of visionary leadership.
The truth about President Obama's budget request for fiscal 2013 is much less exciting.
In short, the document is pretty much what analysts expected. It highlights the anticipated cuts in the Defense Department, builds on policies initiated in the 2011 and 2012 budgets and sets the government contracting industry up for exactly the sort of hyper-competitive market experts have foreseen for the last several years.