The Obama administration is seeking $3.1 billion for a fund to update federal IT resources that need to be replaced with more efficient systems. The fund would bolster the government’s annual spending on IT, which is set for a modest increase to $89.8 billion in the administration’s fiscal 2017 budget proposal. Upgrading older systems has been a concern for some time, but the administration chose to present the IT fund idea as part of a separate $19 billion cybersecurity initiative within the 2017 budget, perhaps to generate more support.
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White House Proposes $3B IT Update Fund
Posted by: John K. Higgins March 10, 2016 05:00 AMThe Obama administration is seeking $3.1 billion for a fund to update federal IT resources that need to be replaced with more efficient systems. The fund would bolster the government’s annual spending on IT, which is set for a modest increase to $89.8 billion in the administration’s fiscal 2017 budget proposal. Upgrading older systems has been a concern for some time, but the administration chose to present the IT fund idea as part of a separate $19 billion cybersecurity initiative within the 2017 budget, perhaps to generate more support.