...How Will Sequestration Affect Government Contracting? By Cory Sanders Sequestration is a process in which automatic, indiscriminate across-the-board budget cuts are imposed on government programs to force reductions in spending and meet budgetary goals established by statute. If sequestration does occur, $1.2 trillion in budget cuts will begin on January 2, 2013, and continue through the following nine years (FY 2021). Generally, sequestration spending cuts are divided equally between eligible defense and non-defense programs. There are, however, some domestic entitlement programs – Social Security, federal retirement programs and Medicaid – that are exempt from sequestration budget cuts. In addition, the Government Accountability Office (GAO) issued a decision on May 21, 2012, extending exemption from sequestration to U.S. Department of Veterans Affairs (VA) spending. In issuing its decision, the GAO determined that the Statutory Pay-As-You-Go Act of 2010 exempted VA spending – with the exception of limited administrative expenses – from the impact of sequestration by overruling language within the Balanced Budget and Emergency Deficit Control Act of 1985, which limited cuts on veterans’ medical care to 2%. The GAO decision affirmed an April 2012 opinion by the Office of Management and Budget (OMB) which similarly concluded that sequestration budget cuts do not apply to VA spending. While not exempt from sequestration, other programs are limited to a fixed percentage...
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...Running head: Financial Contingency Planning Financial Contingency Planning for the FBI’s CJIS Division’s Lasting Impressions Child Development Center In partial fulfillment of The Requirements for the degree of Master’s of Science in Administration Justice and Security Julia Ann Minnocci March 4, 2013 Dr. Hector Garcia Financial Contingency Planning Introduction This paper will provide details how the upcoming sequestration will affect the Department of Justice’s (DOJ’s) Federal Bureau of Investigation’s (FBI) Criminal Justice Information Services (CJIS) Division’s Lasting Impressions Child Development Center (LICDC). In addition to possible sources of revenue, temporary assistance, and funding assets as part of financial contingency planning, the paper will discuss the following: public-private partners; nonprofits; bond issuance; grants; multi-level government financing, and the effects of taxation. Also the paper will evaluate the role that financial efficiency will play in obtaining funding at the state and local levels as well as how to identify sources of fundsfor the project. Financial Contingency Planning The FBI CJIS Division decided to build a daycare center for the use by the FBI Employees. The FBI built the LICDC facility on the CJIS Division’s campus in June 1993; however, it did not open until June 1995. FBI Employees are given first priority to enroll their child/children at the facility. Once the FBI Employees enrolled their...
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...Sequestration Sequestration is a term used to describe the practice of using mandatory spending cuts in the federal budget. It was first the Budget Control Act of 2011 this was the bill that would have set a limit on what needs to be done and cut to make the economy better, but they fell to get this bill into play because there was a divide in the congress wants. The sequester came about because congress was required to vote on December 23, 2011 about cutting spending, but did not do so. Republicans and Democrats needed to agree to balanced spending reduction for the bill to be passed. If failed, which they did, the enforcement mechanism will began spending cuts starting in 2013 on March 1. It would split 50/50 between domestic and defense spending. The law protects some Social Security and Medicare benefits. Democrats wanted a mix of spending cuts and tax increases. House Democrats suggested trading the $85 billion in 2013 sequester cuts with a combination of tax increases, and the Senate Democrats also introduced the American Family Economic Protection Act which would have replaced the 2013 sequester with $110 billion in spending cuts and tax increases and both spread plans would spread out over the progression of a decade rather than hitting so hard in a year. Republicans insist that only spending cuts need to be made. House Republicans suggested the Spending Reduction Act of 2012 Budget would have replaced the 2013 defense sequester with a variety of spending cuts,...
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...attributable to both natural and anthropogenic factors. Anthropogenic climate change, which are also known as human induced climate change, is a result of increase in greenhouse gases, including carbon dioxide, methane, nitrous oxide and chlorofluorocarbons in the atmosphere, increase in atmospheric aerosols, and changes in land use, for instance, through cutting down of forests to create farms. The increase in greenhouse gases in the atmosphere causes an increase in the amount of heat that is being retained and consequently, increasing the temperatures on the earth’s surface significantly. For example, the amount of carbon dioxide concentration in the atmosphere has risen by more than 30 percent since the industrial revolution (Mulvaney, 2013). Atmospheric aerosols absorb infrared and solar radiation and also change the chemical composition of the clouds, both physically and chemically. Industrial processes, human activity, biomass burning and exhaust emissions lead to chemical reactions, which consequently, form aerosols in the atmosphere. Changes in land use have also led to a significant increase in the sunlight reflected back into the surface. In North America and Eurasia, during the industrial era, it is estimated that one-fifth of land was attributed to agricultural activities and deforestation. On the other hand, natural climate changes can be a result of changes in suns energy and shifting of the orbit of the earth. Essentially, the earth’s orbital tilt changes after...
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...BUS661: Leading Organizational Change-week 2 discussion questions and student responses-need two responses from each discussion -- thanks by Monday no later than Tuesday morning. Week 2 Discussions and Assignment Proteach-need the discussions by Thursday and responses I will provide later by Saturday and assignment by Sunday or no later than Monday please. Need at least one preferably 2 APA cites to maintain an A+ grade. Thanks!! To participate in the following Discussion Forums, go to this week's Discussion link in the left navigation: 1. Change Rationales Find two articles about organizations going through change. Provide a complete APA citation for each article. Answer the following questions and respond to at least two of your classmates’ postings. • What is the rationale presented for the changes? What are the internal and external pressures considered in the change? • Compare and contrast the rationales from each article. What are the commonalities presented? Are some presented as more legitimate than others? • To what extent are single versus multiple rationales utilized? What conclusions do you draw from this? 2. Force Field Analysis Find at least one significant article related to either downsizing, implementation of a new technology, or a merger or acquisition. Provide a complete APA citation of the article. • What are the key driving forces? What are the key restraining forces? • Prepare a force field analysis graph (see Figure 5.9 from your...
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...supposed to continue from the year of 2013 to the year 2021 divided perfectly in the 9 year time period. They are also evenly split between defense spending and discretionary spending, which is spending on things like medicaid and social security. Just for the year of 2013, the cuts total cost came to a total of one hundred and nine billion dollars. (Suzy, 2012). The Sequester was actually designed in 2011 to force The Joint Select Comittee on The Super-committee to agree on a reduction package. The sequester will dramatically save a lot of money each year, saving 940 billion dollars and interest by 200 billion dollars. Nine tenths of the savings actually come from discretionary appropriations. Majority of the madatory programs, this including (social security, medicaid, food stamps, and verterans' benefits) are not included for the sequestation. Of course there are more that will be exempt, but those are the fast majority of them. Not only will the defense spending be cut by almost ten percent, while the majority of the non-exempt, non-defense spending by nearly seven percent, medicare by two percent, and other madatories by seven percent. (Understanding the Sequester. 2010, January 1). With the expiration of Bush's tax cuts and the payroll cut, this would have greatly resulted to a huge contraction, almost positively throwing the United States into yet, another recession. The two poilicies together became known as the fiscal cliff. (Mathew, D. 2013) The Sequester Policy is by...
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...BUS661: Leading Organizational Change-week 2 discussion questions and student responses-need two responses from each discussion -- thanks by Monday no later than Tuesday morning. Week 2 Discussions and Assignment Proteach-need the discussions by Thursday and responses I will provide later by Saturday and assignment by Sunday or no later than Monday please. Need at least one preferably 2 APA cites to maintain an A+ grade. Thanks!! To participate in the following Discussion Forums, go to this week's Discussion link in the left navigation: 1. Change Rationales Find two articles about organizations going through change. Provide a complete APA citation for each article. Answer the following questions and respond to at least two of your classmates’ postings. • What is the rationale presented for the changes? What are the internal and external pressures considered in the change? • Compare and contrast the rationales from each article. What are the commonalities presented? Are some presented as more legitimate than others? • To what extent are single versus multiple rationales utilized? What conclusions do you draw from this? 2. Force Field Analysis Find at least one significant article related to either downsizing, implementation of a new technology, or a merger or acquisition. Provide a complete APA citation of the article. • What are the key driving forces? What are the key restraining forces? • Prepare a force field analysis graph (see Figure 5.9 from your...
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...Early 2013 Retail Sales Observations The 4 Consumer Headwinds of Jan / Feb. Will Sequester Fester Through 2013? Fiscal Cliff Drag. Marketing Compensation? Updated 3.11.13 The 4 Consumer Headwinds of Q 2013 1. Social Security tax hike. 2. Increased healthcare costs. 3. Big increases in gas prices. 4. Tax refunds delayed. 2% Social Security Tax Hike = Smaller Paycheck With new Federal tax structure, how much less is in someone's pocket? Annual Salary # of Paychecks Old Social Security Tax New Social Security Tax Difference Per Paycheck Annual Difference 24 $25,000 $35,000 $45,000 $55,000 $65,000 $75,000 $1,042 $1,458 $1,875 $2,292 $2,708 $3,125 4.2% $43.75 $61.25 $78.75 $96.25 $113.75 $131.25 6.2% $64.58 $90.42 $116.25 $142.08 $167.92 $193.75 -$20.83 -$29.17 -$37.50 -$45.83 -$54.17 -$62.50 -$500 -$700 -$900 -$1,100 -$1,300 -$1,500 Source: Monthly Consumer Survey, Na6onal Retail Federa6on, February 13, 2013 Increased Healthcare Costs = Smaller Paycheck Total Plan Premium Costs 2013 (Projected) 2012 2011 2010 2009 2008 2007 Percentage Increase 6.3% 4.9% 8.5% 6.2% 5.0% 5.3% 5.3% Average Cost Per Employee $11,188 $10,522 $10,034 $92,456 $8,703 $8,290 $7,874 Average Employee Premium Cost $2,385 $2,204 $2,090 $1,927 $1,797 $1,691 $1,567 Average Employee Out-ofPocket Cost $2,429 $2,200 $2,072 $1,761 $1,580 $1,508 $1,364 ...
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... Marisa Michaels BIQ Needs Assessment Intro I write to you today to inform you of the most crucial issues that Lockheed Martin will be facing this upcoming year. I will inform you with the relevance and significance of these issues. I will also be identifying the key stakeholders that will be affected by these issues. These issues are intended to inform you ahead of time, so the necessary adjustments can be performed accordingly. Issues: Past Ending Production of specific Fighter Jets Lockheed has been producing numerous amounts of different fighter jets for the United States. A MarketLine SWOT Analysis stated that "The sequestration of appropriations in 2013 imposed by the Budget Control Act of 2011 (Budget Act) began in March 2013. The budget calls for the termination of a few programs which include C-17 Airlifter, F-22 stealth fighter, Future Combat Systems, Multiple Kill Vehicle, Kinetic Energy Interceptor, Airborne Laser, Combat search and rescue helicopter, and Presidential helicopter"(SWOT,2014). The termination of those programs have directly affected Lockheed Martin in terms of production. Issues: Future Lower quality of new employees Lockheed Martin is in the global defense, aerospace, and information technology industries, and after conducting extensive research, it is clear that those three industries could be changing in the future. "The Defense Department budget cuts will make the hiring hurdle...
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...staffing. This ranges from meeting customer demands, ensuring proper ordering of our products to prevent any unnecessary Not In Stock Items (NIS) and ensuring date rotation is done on a regular basis. Executive Summary Due to the sequestration the Commissary is extremely understaffed and is barely keeping up with the demands of the customers. This causes a problem with sales, replenishment and customer service. Without the proper manning the commissary is unable to perform its main goal to the fullest, which is providing a service to our soldiers and their family members. In order to get the Commissary back to a sufficient operational staff, we would need to hire three custodial workers, four cashiers, and two food service workers. My proposal to you would be to higher veteran’s and promote more fulltime positions. Justification: The Commissary is a vital asset here in Germany for our soldiers and their family members along with our civilian employees. The store gives them a taste of home in which they are away from. The staffing strength right now is just below 80 percent, with sequestration we are not allowed to go above 90 percent. With PCS’s happening we lost a lot of our spouse employees. To get back to a functional state the commissary needs to request more personal. With the three custodial workers, four cashiers and two food service workers, this would put us just shy of 90 percent. Having...
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...August 17, 2013 The Public Needs To Know Food insecurity is a nationwide problem that has increased due to the economic recession. Have you ever wondered when you were going to have your next meal or where you were going to get the food to feed your family? Food pantries have become a necessary resource for those in need to feed their family. “In 2011, 14.9 percent of U.S. households were food insecure—up from 10.7 percent in 2001” (Coleman-Jensen, 2013). Several economic issues have contributed to the increased need for food pantries. One reason is that the economic recession has caused many Americans to lose their jobs, and lose their homes. Another economic restraint that is affecting families is the sequestration. Sequestration has resulted in government employees being furloughed. Furloughs are affecting families by cutting 20% of the government employees’ wages over an eleven week period. With the loss of financial stability, it has caused many families to lose the ability to adequately feed their families. As a result of lost income, families are relying more heavily on the resources that food pantries provide. In 2011, approximately 79% of households nationwide that have children had adequate food. That leaves an estimated 21% of households with children who will go hungry. Children that do not receive proper nutrition run a higher risk of health and developmental difficulties (Coleman-Jensen, McFall, & Nord, USDA, 2013). ...
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...The New York Times March 1, 2013 Deep Philosophical Divide Underlies the Impasse By JOHN HARWOOD WASHINGTON — Let’s play truth or consequences with the budget sequestration that took effect on Friday. That can be difficult through the fog of political war that has hung over this town. But a step back illuminates roots deeper than the prevailing notion that Washington politicians are simply fools acting for electoral advantage or partisan spite. Republicans don’t seek to grind government to a halt. But they do aim to shrink its size by an amount currently beyond their institutional power in Washington, or popular support in the country, to achieve. Democrats don’t seek to cripple the nation with debt. But they do aim to preserve existing government programs without the ability, so far, to set levels of taxation commensurate with their cost. At bottom, it is the oldest philosophic battle of the American party system — pitting Democrats’ desire to use government to cushion market outcomes and equalize opportunity against Republicans’ desire to limit government and maximize individual liberty. And they are fighting it within a 21st-century political infrastructure that impedes compromise. Those government initiatives include Social Security from F.D.R.’s New Deal, Medicare and Medicaid from L.B.J.’s Great Society, and the 2010 national health care law. President Obama wants to keep them in roughly their current forms — even as the wave of baby boom retirements makes...
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...“America is on a dangerous budget path. Current spending and debt are dangerously high, and future spending and debt are on track to rise even higher in large part due to the increasing entitlement spending” (Boccia, 2013). As recent as February of 2014, congress has decided to yet again raise the debt ceiling for America, this time capping the limit at $17.2 trillion dollars. This marks the fifth effective increase in the debt ceiling since August 1, 2011, when it was $14.3 trillion (Sahadi, 2014). If America continues to raise this limit, how is the debt crisis that our nation is currently experiencing going to affect our businesses; and more importantly, us as individuals in future years? The issues that need to be addressed to see where the root of this problem starts, and where the solution can be found starts with looking at the events other countries have or are currently facing, and how they have come up with strategies to solve their debt crisis. From there we need to focus on the economic trends that we are currently in, and the negative and positive effects that they are having. The effects that will be discussed are how creditors view America, how it affects businesses through prolonged drag and economic growth, and how it will affect the individual with inflation and increase in taxes. As this paper addresses these issues, it will reveal the scary truth of the tolls that will be put on America if they continue with their dangerous budget path. “The warning bells...
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...Advanced Clean Coal Technology DeVry University Technology Society and Culture Professor Paul Team D Table of Contents Renee M King I A brief description of the why the technology is needed …………….page 3 II The historical development and context of the technology …………..page 5 III The technology in its cultural context, media influence……………....page 9 IV Psychological considerations and sociological effects…………..….page 10 V Economic questions and considerations VI Implications for the Environment VI Political and legal influences IX Moral and Ethical Implications References Advanced Clean Coal Technology I A brief description of the why the technology is needed The most plentiful fuel in the fossil fuel family, coal has been used since the caveman days to heat their homes. In the 1700s, people found that it would heat cleaner and hotter than wood charcoal. The Industrial Revolutions overwhelming need for energy to run the new technologies providing the real opportunity for coal to dominant as a worldwide supplier of energy. (A brief history of coal use). As other sources of energy was discovered the use of coal diminished. However, 4 decades ago it became popular again as an energy source. The 1970’s brought about an oil crisis that showed industrialized countries that any disruption in the petroleum supply line would send a shockwave through energy production. (Morse, 2012). Even though coal...
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...supplies for ships, ammunition, and fuel. Without these supplies, they wouldn’t be able to conduct missions around world. I work in a division referred to as Dockmasters. The job of a Dockmaster is to safely dock and undock ships. Daily, I’m seeing twenty to thirty truckloads of supplies being brought to ships before they deploy for a span of nine to ten months. Over the last year, America has seen large cuts in the area of our defense referred to as Sequestration, but the Navy is still spending lots of money to execute. For example, “the request for the Department of Defense (DoD) includes $525.4 billion in discretionary budget authority to fund base defense programs and $88.5 billion to support Overseas Contingency Operations (OCO), primarily in Afghanistan. The discretionary budget, $155.9 billion represents the Department of the Navy's budget request. This is a decrease of $1.4 billion from last year's baseline appropriation ().” Even with this new proposed budget, there is still that $1.4 billion decrease from the Sequestration. The military deals with lots of different manufacturers and suppliers that have to be able to get parts and supplies all over world fast. For example, “Hewlett-Packard (HP) is the creator of the Navy Marine Corps Intranet which connects more than 700,000 military and civilian employee...
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