For IT vendors in the federal market, the saga of the 2011 Budget Control Act presents some slight benefits in the very short run, even though reduced federal spending may have a longer-term impact. The BCA set the stage for a 10-year program to control the rate of federal spending and reduce the national deficit that included a sequestration mechanism of mandatory budget cuts that would kick in if Congress and the Obama Administration failed to reach a long-term spending agreement.
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Cliff-Hanger: Budget Deal's IT Benefits Are Murky
Posted by: John K. Higgins January 15, 2013 05:00 AMFor IT vendors in the federal market, the saga of the 2011 Budget Control Act presents some slight benefits in the very short run, even though reduced federal spending may have a longer-term impact. The BCA set the stage for a 10-year program to control the rate of federal spending and reduce the national deficit that included a sequestration mechanism of mandatory budget cuts that would kick in if Congress and the Obama Administration failed to reach a long-term spending agreement.