Report Downplays Effects of Sequestration

November 5, 2012

Federal agencies and the White House have a variety of short-term stratagems to delay employee furloughs and other effects of budget cuts set to begin early next year, a liberal-leaning research and advocacy group says in a new report.

The Office of Management and Budget, for example, could temporarily accelerate the rate at which it apportions money to agencies on the assumption that Congress would retroactively cancel the reductions soon after they kick in Jan. 2, according to the report by OMB Watch. Agencies in some cases could tap leftover money from previous years that has not been committed to a specific purpose or juggle money among different accounts. A stopgap spending bill running through March specifically allows agencies to tap money from pay and benefits accounts as fast as needed to avert furloughs, the report said.

More Information

NCMA Resources | Advertise | Privacy Policy | Contact Us | Site Map | © 2012 National Contract Management Association