Remove 2002 Remove Budget Remove Efficiency
article thumbnail

AI Revolution in Government: How it’s Changing the Landscape (E128)

FedInsider

With millions employed by the federal government, and the wide range of activities they are responsible for each day, how do we begin to make a technology like AI live up to its own billing and implement it in a way that makes the workforce more efficient? And everyone is wondering about AI’s impact on data set selection.

article thumbnail

Government Contracts Issues for a Recession

Procurement Notes

First, interest payments on the accumulating debt will accelerate, gobbling up more and more of the Federal budget. The current Congressional Budget Office (“CBO”) outlook shows, for FY2024, interest on the national debt is budgeted at $870 billion, and defense spending at $822 billion. [98] A recession likely hastens that day.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Government Contracts Inflation Update

Procurement Notes

61] In the Congressional Budget Office’s (“CBO’s”) February 2023 Budget and Economic Outlook the “CBO projects a federal budget deficit of $1.4 64] Compare that to the FY 2023 DoD budget of $816.7 64] Compare that to the FY 2023 DoD budget of $816.7 trillion. [60] 60] The U.S. 2022 GDP was only $26.15 trillion. [61]

article thumbnail

Friday Flash 01/17/2025

The Coalition for Government Procurement

The Government Procurement Efficiency List On Monday, the new Administration begins with a focus on operational reform as represented by the Department of Government Efficiency (the DOGE). This focus on government efficiency provides an important opportunity for a holistic review of the procurement system.

article thumbnail

CyberSmart 2024: Managing AI Risks & Cybersecurity Challenges at the State & Local Level

FedInsider

In March, the Office of Management and Budget released guidance on improving governance and managing the risks of AI. Dave joined GAO in July 2002. Are we trying to be more efficient or effective? And so, the focus right now needs to be on figuring out how to make that journey as secure and efficient as possible.

article thumbnail

A front seat for 25 years of change in the federal government

Federal News Network

In 2014, the Obama administration and its General Services Administration leadership realized that the sheer number of contract vehicles by which an agency could acquire something rendered procurement less efficient than it could be. Congress reacted with the 2011 Budget Control Act, with its sequestration feature. Credit the George W.

article thumbnail

Friday Flash 11/10/23

The Coalition for Government Procurement

For example, the Office of Management and Budget (OMB) is launching a centralized data management strategy for the sharing of acquisition data across the Federal Government. In addition, increased efficiencies in operations led to faster award cycles, as demonstrated by a Procurement Administrative Lead Time of under 50 days.