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Thread: Sequester numbers - post 'em if you got 'em.

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    Veteran Member Chief's Avatar
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    Sequester numbers - post 'em if you got 'em.

    I found out today how much "continuing resolution" and the "sequester" combined impacted us. As of 3/1, our budget is cut by 67%. Pretty much 90+% of the contracters are gone and the government types have to do all the work now. They are hoping that the project will start up again in September, but of course, we'll lose a lot of experienced people and have to retrain... how many people can go 6 months without pay? Of the people that remain, everyone effectively got a 20% pay cut. They can't cut the salaries due to the contracts, so the way it works is that no one works on Friday anymore and the remaining staff are getting paid for 32 hours a week. This includes both contractors and government types.

    I'm interested in hearing anyone else's real life happenings.

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    Quote Originally Posted by Chief View Post
    I found out today how much "continuing resolution" and the "sequester" combined impacted us. As of 3/1, our budget is cut by 67%. Pretty much 90+% of the contracters are gone and the government types have to do all the work now. They are hoping that the project will start up again in September, but of course, we'll lose a lot of experienced people and have to retrain... how many people can go 6 months without pay? Of the people that remain, everyone effectively got a 20% pay cut. They can't cut the salaries due to the contracts, so the way it works is that no one works on Friday anymore and the remaining staff are getting paid for 32 hours a week. This includes both contractors and government types.

    I'm interested in hearing anyone else's real life happenings.
    how much of that is the sequester?

    defense is being by reduced appox 8% below the base line.

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    Senior Member Raoul_Duke's Avatar
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    Gee, and here I thought it was only going to be cops and teachers getting the axe...

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    Quote Originally Posted by Raoul_Duke View Post
    Gee, and here I thought it was only going to be cops and teachers getting the axe...
    Oh... they are next. They would never dare cut the Bureaucrats, just the first responders.

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    Veteran Member Chief's Avatar
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    Quote Originally Posted by mtm1963 View Post
    how much of that is the sequester?

    defense is being by reduced appox 8% below the base line.
    I guess it is 8%, but the cuts are at a high level, so in the middle you have high ranking people that are stealing money from one project to save another, and so you end up with cuts that all but kill 5 programs and don't impact the 6th.

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