Friday, May 18, 2012

Contractors Feel the Fiscal Pinch


In recent weeks, there has been a cry from some on the Hill and from some federal employee unions that government contractors aren’t suffering enough in the current fiscal austerity environment. They point to federal government pay and hiring freezes as examples of the unfairness. But this rhetoric ignores basic facts about the contractors’ lot

In a recent column in BNA’s Federal Contracts Report, PSC Vice President of Government Relations Roger Jordan details exactly how government contractors have felt the pinch of the government's austerity budgets. Jordon concludes that, as a result of direct government actions to reduce federal spending on services contracts, “contractors have already borne a far greater brunt of the [austerity] reductions than has the federal workforce, and all indications are that this will continue to be the case.”

Read Jordan's column, reproduced with BNA’s permission, here