Archives for March 2013

News-in-Brief – March 2013

“Fiscal March Madness” Threatens Key Programs A highly regarded DC budget guru has labeled the current federal fiscal woes “Fiscal March Madness.” With sequestration, no final decisions on current Fiscal Year (FY) 2013 funding, and introduction of FY 2014 budget bills, this is an apt description for what may happen if Congress doesn’t take charge of its fiscal responsibilities. Since the passage of the 2011 Budget Control Act (BCA), Congress has been unable to reach agreement on how to sensibly address deficit reduction. This poses a serious threat to all federal programs. On March 1, sequestration – across the board… Read More »