A curious memo may halt spending on many earmarks intended for federal agencies. OMB Director Jim Nussle issued a memo Oct. 23 detailing conditions that must be met for agencies to spend earmarks embedded in the fiscal year 2009 continuing resolution, which also contains the Defense, Homeland Security and Veterans’ Affairs appropriations. In order for an agency to allocate funding for an earmark, the earmark must meet three conditions. They are: 1. It must have been in the FY 2008 appropriations bill; 2. It must continue in 2009 and beyond (no one-time, non-recurring projects or grants); and 3. The affected…
Browsing: 2009 Budget
…is now $864 billion according to a Congressional Research Service report posted on the blog Secrecy News. That’s just a scant $164 billion more than the government is planning to spend to bailout Wall Street. To be fair, it did take the Defense Department 8 years to get to that level of spending. The CRS figure includes appropriations and supplementals made between fiscal years 2001 and 2009. Three-quarters of the war spending, about $657 billion, funded the war in Iraq. Another fifth, $173 billion, went to the war in Afghanistan. And $28 billion enhanced security at military bases. But what…
FedLine is attending the INPUT FedFocus today getting an outlook on Federal IT spending for 2009. GEIA Group of the Information Technology Association of America will give a similar briefing later this week. There’s lots of talk at INPUT’s event today about the economy and how that’s going to change the environment of the federal marketplace. The government’s Wall Street bailout could be a boon for contractors in the coming years if the government makes money off the deal, said Kevin Plexico, INPUT’s senior vice president. The bailout creates a rare scenario where the government will get a monetary return…