Posts from ExecutiveBiz for 03/27/2015

Senate Passes Budget Plan in 52-46 Vote

The Senate has passed a fiscal year 2016 budget that increases military funding and seeks a 10-year deficit reduction of $5.1 trillion without any tax increases, USA Today reported Friday. Susan Davis writes senators adopted the Republican-authored spending plan in a 52-46 vote that concluded around 3 a…
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Defense News: General Dynamics Ends Air Force T-X Trainer Program Pursuit

General Dynamics (NYSE: GD) has decided to abandon the company’s pursuit for the U.S. Air Force’s T-X trainer replacement program, Defense News reported Thursday. The company told the publication it made the decision to withdraw from the competition after the information systems and technology group’s reorganization, which completed in January…
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Report: Bipartisan Bill Encourages Incentives for Federal Spectrum Auctions

Four members of Congress have proposed a bill that would incentivize federal agencies to sell some airwave holdings for commercial wireless use, The Hill newspaper reported Thursday. Mario Trujillo writes the Federal Spectrum Incentive Act is designed to encourage agencies to give up their bandwidth by offering them a stake in spectrum auctions…
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David Mader: OMB Seeks Reduced Real Estate Footprint for Agencies

The Office of Management and Budget has released new policy that requires government agencies to reduce real estate footprint using a national framework laid out in the document. David Mader, federal controller at OMB, wrote in a blog post publishedWednesday that the National Strategy for Real Property and the Reduce the Footprint policy establish a strategic framework to help agencies manage real property, control costs and reduce real property holdings…
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White House: 9800 US Troops to Stay in Afghanistan Until Year’s End

The White House has decided to maintain 9,800 U.S. service members in Afghanistan to support Afghan security forces until at least the end of 2015, Defense News reported Wednesday. Paul McLeary writes President Barack Obama said during a joint press conference with Afghan President Ashraf Ghani at the White House on Tuesday that his administration’s plan to end the U…
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