October 2010
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The Public Manager

Strategic Budget Cutting in Federal Agencies

TJ
Saturday, October 2, 2010

An unsustainable financial future based on continuing large budget deficits will lead federal agencies to major budget reductions in the coming years. Agencies have little experience in budget reductions: they have typically focused on justifying budget increases.

President Obamas FY 2011 budget forecasts annual deficits of approximately $1 trillion through 2020, and the growth of the cumulative gross federal debt from $13.8 trillion in 2010 to $25.8 trillion in 2020. Many consider this an unsu

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