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Contractor Owes No Penalty After Slow Gov t Cost Cap Update

Contracting Community Welcomes Biden s Budget Proposal

Contracting Community Welcomes Biden’s Budget Proposal Groups see opportunities with the administration s cybersecurity, climate change and workforce innovation priorities. The federal contracting community is generally pleased with President Biden’s $6 trillion budget request for fiscal 2022 released last Friday, as it sees opportunities with the administration s cybersecurity, climate change and workforce innovation priorities. Biden is proposing a 16% increase in non-defense discretionary spending from fiscal 2021 ($769 billion) and a 1.7% increase for defense spending ($753 billion). The president’s detailed budget request, sent to Congress late last week, outlines how the administration is “recommitting to good government” and re-empowering the federal workforce to deliver for the American people. 

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