This post, written by Jonathan Messinger, originally appeared on Public Spend Forum.
The current public panic over the government shutdown, debt ceiling, and bellicose federal budgeting process is old hat to government agencies: For more than a decade now, it’s been their permanent state of affairs. The last time an appropriations bill was passed on time was 1996, which means that for nearly 20 years agencies have entered new fiscal years without the knowledge of what their budgets would look like. It’s only been exacerbated in recent years by the adoption of “continuing resolutions,” bills that keep the lights on for a few months at a time while Congress wrangles with their Constitutionally mandated duty to appropriate funds.
The intransigence of hard-liners has created economic turmoil beyond D.C. that is only now becoming readily apparent because of the shutdown. Fiscal leadership has been missing from Washington for years, and the ripple effect on the economy is becoming quite obvious. In the case of procurement and government contractors, it’s not just the suppliers that work directly with government but their supply chain partners who also suffer... Keep Reading…
Article Source: : SC-Supplier-Collaboration