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National Defense July 2012 Lawrence P. Farrell Jr. |
Sequestration Looming: Defense Should Be Prepared for All Possible Scenarios If no further legislative action is taken before January, the Budget Control Act directs a reduction of $97 billion in discretionary federal spending for fiscal year 2013. The calculations work out to $42 billion from domestic programs and $55 billion from defense. |
National Defense May 2013 Lawrence P. Farrell Jr. |
New Budget Spells More Uncertainty for DoD President Barack Obama sent to Congress a proposed defense budget of $526.6 billion for fiscal year 2014. That top line, however, ignores the fact that it would be subject to a $52 billion sequester cut, as Congress mandated in the Budget Control Act of 2011. |
National Defense November 2012 Pankowski & Bradel |
What to Tell Employees as Sequestration Looms Recently published guidance from the Department of Labor states that the WARN Act does not apply to hypothetical sequestration-related layoffs by government contractors. |
National Defense April 2015 Arnold L. Punaro |
The Case for Repealing Sequestration This year will either be a turning point away from sequester levels or the ship of state will crash head on into the sequester iceberg resulting in a titanic disaster. |
National Defense November 2012 Lawrence P. Farrell Jr. |
Fiscal Cliff Watch: Running Out of Time to Fix the Mess If the House and Senate fail to act in the coming weeks, massive federal spending cuts will kick in Jan. 2. That is when the automatic sequester -- scheduled by law to implement phase two of the Budget Control Act of 2011 -- becomes effective. |
National Defense August 2012 Lawrence P. Farrell Jr. |
Support for U.S. Troops Should Always Rise Above Partisan Politics Heated debate continues over the impact of $1 trillion in automatic spending cuts to the federal budget that could begin next year. |
National Defense December 2013 Lawrence P. Farrell Jr. |
Sequester Causing Lasting Damage to Defense Sequestration, if continued on present course, will result in serious damage and degradation to U.S. military capability and to our national security writ large. |
National Defense May 2012 Lawrence P. Farrell Jr. |
Budget Pressures Beg for a Serious Look at Overhauling Acquisition System Perhaps it is time to go back to the future by doing things the way we did them in the past, when the chiefs and the military leadership were deeply involved in all aspects of equipping the service -- in requirements, in budgeting for equipping and training. |
National Defense May 2012 Berteau & Murdock |
Defense Department Must Prepare for Deeper Budget Cuts The post-election bargaining over taxes and government spending will be intense and hard-fought. The Defense Department needs to make it clear to all the players what the real consequences for the nation's security are of ill-considered, deep cuts to a defense budget that is already on the decline. |
National Defense December 2013 Sandra I. Erwin |
Budget Guessing Game: How Low Will It Go? As it became apparent that political dysfunction had replaced deliberate planning in Washington, John Hamre, CEO of the Center for Strategic and International Studies, called on the nation's policymakers to "define the bottom," and allow defense to resize accordingly. |
National Defense March 2012 Sandra I. Erwin |
Pentagon Budget Cuts Are Only Prelude to Future 'Grand Bargain' Politicians and think tanks have been hyperventilating over the $487 billion budget cut that the Pentagon will have to make during the next decade. |
National Defense February 2014 Lawrence P. Farrell Jr. |
We Have a Budget Deal: What Comes Next? The passage of the Bipartisan Budget Act of 2013 gave the Defense Department some relief from the sequester and some breathing room to adjust its spending beyond fiscal year 2015 to fit within the budget caps that Congress mandated in 2011. |
National Defense September 2013 Sandra I. Erwin |
Sequester Sinks In, Extent of Fallout Unknown After a chaotic 2013, when the Pentagon had to slash $37 billion between March and September, Defense Department accountants ought to be better prepared for the next round. That will be a $52 billion hit for the budget year that begins Oct. 1. |
National Defense March 2013 Lawrence P. Farrell Jr. |
DoD Needs a Real Budget, Not a Partial Fix As the budget standoff continues on Capitol Hill, it is almost certain that sequester soon will be upon the nation. Automatic, across-the-board budget cuts will affect discretionary spending government wide. But everyone wonders how it will all be sorted out. |
National Defense July 2012 Sandra I. Erwin |
Pentagon Contractors Reach New Levels of Frustration With Obama White House Over the past nine to 10 months, corporations have begun to lose confidence in government, and executives are faulting the president for not doing more to untangle the current morass that could leave many contractors sinking in the muck. |
National Defense August 2012 Sandra I. Erwin |
War Over Defense Jobs Diverts Attention From Bloated Spending Each branch of the military owns multiple fleets of surveillance and armed drones, creating unneeded duplication. |
National Defense October 2013 Lawrence P. Farrell Jr. |
Defense Budget Picture Begins to Take Shape Major adjustments will be required across the defense community -- the military services, agencies, commands and industry. Significant decisions are becoming harder and harder to duck. |
National Defense March 2012 Lawrence P. Farrell Jr. |
Budget Themes: Investments Leveled, Programs Slipped, Non-Performers Nixed A big portion of the discretionary spending reductions in President Obama's 2013 to 2017 funding request is in the defense budget. |
National Defense April 2012 Lawrence P. Farrell Jr. |
Defense Budget: Some Clues Have Emerged, But More Uncertainty Ahead The political season is upon us, and much of the rhetoric adds little visibility to the direction for defense. |
National Defense January 2014 Lawrence P. Farrell Jr. |
Budget Deal Gives Defense Breathing Room The budget agreement that Rep. Paul Ryan, R-Wis., and Sen. Patty Murray, D-Wash., announced Dec. 10 called for delaying a portion of sequester for two years and proposed $85 billion in "light touch" savings over 10 years. |
National Defense June 2011 Sandra I. Erwin |
Cries of 'Hollow Military' Stifle Rational Debate on Future Spending President Obama has called for $400 billion in Pentagon cuts over the next 12 years, and to some defense officials and lawmakers, this is just the opening salvo of a campaign to tear down the U.S. military. |
National Defense September 2013 Lawrence P. Farrell Jr. |
Sequester Impact: More Than Meets the Eye The downside to falling unemployment is that total employment remains down, and as a percentage of the workforce it is at a historic low. But pundits generally agree that this sequester thing has been overstated and overblown. |
National Defense September 2011 Lawrence P. Farrell Jr. |
Budget Control Act of 2011 Forces Real Cuts to Defense, and Difficult Choices Enactment of the Budget Control Act of 2011 now provides specific information on the future course of defense spending. |
National Defense April 2012 Sandra I. Erwin |
Amid Political Backlash, Pentagon Pushes Forward With Green Energy Military and civilian defense officials responsible for green initiatives increasingly are flummoxed and frustrated by the demonization of renewable energy. When did efforts to save lives and money become cheap partisan fodder? |
National Defense January 2012 Lawrence P. Farrell Jr. |
Some Clarity on Budgets Emerges, But Industrial Base Outlook Remains Murky The Defense Department will be submitting the fiscal year 2013 budget that meets the first set of spending caps mandated by the August Budget Control Act. |
National Defense March 2012 Sandra I. Erwin |
The Coming Decade: A Slowdown In Spending, but No 'Procurement Holiday' Even under the worst-case scenario, defense budgets in the coming decade will be larger than they were in the last year of the Bush administration. |
National Defense August 2013 Lawrence P. Farrell Jr. |
Can Washington Get Us Back on Track? The origins of the current fiscal and political crisis that is affecting the defense community can be traced back to the months following the 9/11 terrorist attacks when the United States began to gear up for two major wars. |
National Defense June 2014 Lawrence P. Farrell Jr. |
For Defense, a Tough Budget Balancing Act Will fiscal year 2016 be a repeat of 2013, when gridlock prevailed and sequester ensued. Will there be some relief as we saw in fiscal year 2014 and 2015? |
National Defense April 2013 Lawrence P. Farrell Jr. |
In the Grips of Crises Abroad and at Home When considering the nation's budget problems at home -- how do we fund increasingly expensive government programs, keep faith with all promises and underwrite U.S. security and worldwide commitments? The answer is that we cannot do it all. |
National Defense October 2012 Lawrence P. Farrell Jr. |
Let's Face It: There Is No Shelter From the Fast Rising $$ Storm Defense faces a more than $50 billion reduction per year if sequestration is allowed to occur. Cuts through 2017 of 21 percent are less than the 35 percent reduction after the Cold War wound down, but sequester makes the cut totally arbitrary. |
National Defense January 2015 Arnold L. Punaro |
New Leadership a Boost to National Security The new leadership of the Armed Services and Appropriations Committees will build on the already strong bipartisan record of supporting a strong national security. |
National Defense March 2013 Sandra I. Erwin |
A Fresh Perspective on Government Waste Amid the screaming and gnashing of teeth over the looming cuts is the inconvenient reality that government -- and the Pentagon more than any other agency -- is bloated and now might be an opportune time to put it on a crash diet. |
National Defense March 2014 Lawrence P. Farrell Jr. |
Debate Continues on Future of Defense Every service is contemplating reductions in personnel and force structure, with the Army perhaps facing the steepest cuts. |
National Defense January 2012 Stew Magnuson |
Budget Woes May Force Homeland Security To Cut Missions Sequester or no sequester, the Department of Homeland Security is in store for changes, a Senate Appropriations Committee staffer predicted. |
Chemistry World March 11, 2013 Rebecca Trager |
Retreating from meetings? US government scientists and technical experts could soon find themselves unable to travel to scientific meetings now that the much-anticipated automatic budgetary cuts, known as sequestration, became effective in the US on 1 March. |
National Defense November 2011 Lawrence P. Farrell Jr. |
'Gentlemen, We Have Run Out Of Money; Now We Have to Think' Accepting the reality that the defense budget is going to come down, what must we think about? |
CFO February 1, 2009 Kate O'Sullivan |
How to Talk about Layoffs Most CFOs say that making job cuts is the single most difficult part of their jobs, but there are ways to manage this painful process more effectively. |
National Defense February 2013 Lawrence P. Farrell Jr. |
One Fiscal Cliff Down and Three More to Go The Congressional Budget Office has estimated that the legislation the president signed Jan. 2 would increase the deficit by nearly $4 trillion over the next 10 years. It is almost certain that defense will have to surrender additional revenue, perhaps another $10 billion to $20 billion per year. |
National Defense March 2012 Nathaniel H. Sledge Jr. |
When Will the Military Services Come To Grips With a New Era of Austerity? Even with a smaller funding pie, the U.S. military services should be able to weather the coming budget reductions. But the services are anxious and insecure institutions. They want more, and they insist that their equipment is aging and in need of modernization. |
National Defense June 2013 Lawrence P. Farrell Jr. |
Fiscal Fight Takes Toll on Military Readiness During fiscal year 2013, the Defense Department was funded by temporary measures, or continuing resolutions, that put a huge crimp on operations and maintenance spending. |
National Defense February 2015 Yasmin Tadjdeh |
Sequestration Threatens Joint Light Tactical Vehicle Acquisition With round two of sequestration looming over the Pentagon, major weapon programs could be on the chopping block. |
National Defense November 2013 Lawrence P. Farrell Jr. |
Nation Paying Steep Price for Rash Decisions The author examines several decisions such as the Budget Control Act of 2011 and the accompanying sequester. |
Chemistry World January 17, 2014 Rebecca Trager |
Mixed US budget news for research The US Congress has passed a budget for 2014 that reverses some of the automatic 'sequester' cuts that went into effect in March 2013 and increases the budgets of most science agencies. |
National Defense December 2011 Sandra I. Erwin |
Army Ponders Future Force: Not Too Large, Not Too Small, Just Right In a pep talk to Army leaders recently, Defense Secretary Leon Panetta pointed out the obvious: There aren't many countries out there building massive tank armies, and it is "unlikely that we will be re-fighting Desert Storm in the future." |
National Defense August 2013 Sandra I. Erwin |
Forecast Calls for Stormy Business Climate Bad news keeps piling up for Pentagon contractors. In the past six months alone, the defense-contracting sector has been buffeted by draconian budget cuts and by proposed new rules. |
InternetNews December 31, 2008 Stuart J. Johnston |
Is Microsoft Planning Its First-Ever Layoffs? Rumors have been swirling for several weeks that Microsoft plans big layoffs of its own to be announced on or about Jan. 15. |
National Defense June 2013 Sandra I. Erwin |
Contractors Face Fight-or-Flight Decisions The defense industry has only just begun to feel the sequester bite. Most of the top players continue to prosper even in a down market. Many companies in mid and lower tiers of the defense supply chain will likely be either financially unable or unwilling to weather the storm. |
National Defense July 2013 Mancillas et al. |
Sequestration's Silver Lining: A More Resilient U.S. Army Although sequestration-related cuts will doubtlessly cause near-term pain, overall, it appears likely that they will accelerate a transformation process which would have otherwise proceeded, albeit at a much slower pace. |
Chemistry World May 15, 2013 Rebecca Trager |
Lawrence Livermore lab offers voluntary redundancy to 10% of employees The US Department of Energy's LLNL, which employs 6500 people, is offering these voluntary layoff packages to up to 600 of its workers, the national lab's director, Parney Albright, announced on 13 May. |
The Motley Fool February 7, 2008 Colleen Paulson |
Downsizing and Your Portfolio Unfortunately, your portfolio gains can mean someone else's loss. |