Members of the House Appropriations Committee have introduced a continuing resolution that would reduce spending for the rest of this fiscal year by $100 billion compared with the president’s budget request.
The Treasury Department budget proposal is up to $14 billion with proposed improvements to IRS data collection and taxpayers services and Wall Street reform measures.
The White House included the already-enacted two-year pay freeze for federal civilian employees in its fiscal 2012 budget request but rebuffed calls to extend it to three years.
Some of DHS' 22 agencies are projected to see double-digit increases, while others are slated for substantial cuts.
The Agriculture Department would see a slight funding increase for its IT programs under President Barack Obama’s fiscal 2012 budget proposal.
The Justice Department requests increases for financial investigations and counterterrorism while reducing some IT programs.
With a bipartisan drive toward cost cutting, expect lean times ahead.
The 2012 budget is expected to be lean, and details of some of the proposed cuts are beginning to emerge.
President Barack Obama highlighted the across-the-board spending cuts recommended by the fiscal commission in his State of the Union address, although he said he didn’t agree with all of the commission’s proposals.