CFOs Needed to Steer Ship in Rough Budget Seas
September 9, 2012
Agency budgets are shrinking, but not as much as they will when Congress and the president agree on steps to reduce the deficit and take us back from the fiscal cliff.
The list of savings initiatives — the Campaign to Cut Waste, reducing improper payments, strategic sourcing — is growing. Congressional oversight of agency spending is at a fever pitch.
It’s a perfect time for agency chief financial officers to lead. Unfortunately, too many CFO chairs are vacant. Congress and the president should make filling them a priority.