The Obama administration’s “OMB Report Pursuant to the Sequestration Transparency Act of 2012,” released last Friday (September 14, 2012), outlines the “devastating” and “deeply destructive” impacts on virtually all aspects of the federal budget that will take…
Author: Kurt Stout
Should Property Investors be Concerned with U.S. Credit?
Earlier this week we wrote that Moodys had announced that it is considering a downgrade of U.S. sovereign debt, this following a similar downgrade by Standard & Poor’s last year. At that time, as now, federal…
More Trouble with U.S. Credit
It was widely reported yesterday (Tuesday, September 11) that the United States is in danger of another credit downgrade, this time by Moodys. In its press release the credit rating agency said that it would likely…
Understanding the Federal Employment Trend
At last week’s Republican Convention the GOP platform was unveiled revealing the party’s plan to reduce the federal payroll by 10%, an effort we expect would be largely implemented through workforce reductions. This is nothing new.…
New Fiscal Service to Merge BPD and FMS, Move Employees from Maryland to West Virginia
As we reported in two recent Spotlight pieces, President Obama’s FY 2013 budget proposes consolidating two U.S. Department of the Treasury bureaus—the Bureau of the Public Debt (BPD) and the Financial Management Service (FMS)—into a single organization…
GSA Names Robyn to Head PBS
Acting GSA Commissioner Dan Tangherlini has picked Dorothy Robyn, deputy undersecretary of defense for installations and environment at the Department of Defense (DoD), to be the new Public Buildings Service (PBS) commissioner. Tangherlini also abolished the…
A Look at Two Workforce Reduction Bills
With the November election approaching, the topic of federal workforce reduction looms ever larger. The Republicans unveiled their Platform last Tuesday night (August 28th) and in it asserted their desire to reduce the federal payroll by…
Labor Day and the Federal Worker
Today marks the nation’s 118th official celebration of Labor Day, established by law in 1894 when Sen. James Henderson Kyle of South Dakota introduced S. 730 to make Labor Day a federal holiday on the first…
Looking Back on BRAC: Fort Meade, Anne Arundel County, Maryland
With more than 56,000 employees—including about 5,700 new jobs that have resulted from BRAC-related movements—Fort George G. Meade is the largest employer in Maryland, the fifth-largest employment center in the state, and has the third-largest workforce…
The Road to 11/6: Mica Wins Heated Primary Race
Rep. John Mica will surely be back to serve in the 113th Congress. Today he soundly defeated Republican challenger Sandy Adams to win the primary election in Florida’s 7th District. This victory was hard-fought because Mica…