Sequestration—originally a legal term referring to an agent of the court taking valuable property into custody to prevent it from being disposed of or abused before a dispute over its ownership can be resolved—has been adapted by Congress in more recent years to describe a new fiscal policy procedure first provided for by the Gramm-Rudman-Hollings […]
Photo: White House President Obama last week announced that he is asking Congress for the authority to merge six trade and commerce entities into a single department tasked with boosting American business and promoting competitiveness. Specifically, his plan would merge the Small Business Administration, the Office of the U.S. Trade Representative, the Export-Import Bank, the […]
With over 1,000 leased facilities, often in single-tenant buildings, the Social Security Administration (SSA) is a staple of many federal investor portfolios. Like other federal agencies, however, SSA has been dutifully implementing the “Reduce the Footprint”…
St. Elizabeths Campus Rendering (courtesy of GSA) The original $3.45 billion plan to consolidate the U.S. Department of Homeland Security (DHS) headquarters at a 4.5 million-square-foot campus on the site of the former St. Elizabeths Hospital—moving more than 14,000 workers from more than 180 separate offices and reducing the department’s leased spaces in the Washington […]
In written testimony on March 7th before the House, Dr. Dorothy Robyn, Deputy Under Secretary of Defense, Installations and Environment, confirmed that DoD has embarked upon a formal initiative to review the Department’s anti-terrorism/force protection (ATFP)…