As stated in the note from the Sunlight Foundation′s Board Chair, as of September 2020 the Sunlight Foundation is no longer active. This site is maintained as a static archive only.

Follow Us

Tag Archive: sequestration

Top government contractors spend less than a penny on politics for every dollar at stake in sequester

by

With the sequestration deadline rapidly approaching, one set of companies has more at stake than any other, at least in terms of sheer dollars: big government contractors. By our count, the ten biggest government contractors would stand to lose roughly $13.6 billion in contracts if the across-the-board 9.4 percent cuts to discretionary defense spending cuts were applied equally across their 2012 contract award amounts. Compare that to the $115 million they spent on lobbying and campaigns, and that investment in politics starts to look like a bargain. And if that political investment helps to avoid the proposed cuts and keep these companies' contracting revenues stable, that would amount to a 125-to-1 return for these 10 companies, on average.

sequester-final

Continue reading

Reporter’s Notebook: Understanding the automatic cuts if the supercommittee can’t deliver

by

With the supercommittee's deadline only five days away, the special deficit-cutting panel's chances of reaching a deal appear to be in doubt. And if no agreement is reached, more than one trillion dollars in cuts would be set in motion starting in 2013. That is, if the Congress and president allow the automatic trigger to take effect.

All of this is predicated on budget forecasting, a notoriously inaccurate art. As the CBO pointed out in a September report, an analysis based on projected baseline budgets and economic projections are “subject to a considerable degree of uncertainty.” Indeed, we ...

Continue reading

CFC (Combined Federal Campaign) Today 59063

Charity Navigator