MODERNIZATION

House committee kills $3B IT modernization fund

The House Budget Committee rejected an amendment to provide $3 billion for a revolving IT modernization fund in a hearing to pass the fiscal year 2017 budget resolution, according to FCW.

The fund was proposed by President Obama in his fiscal 2017 budget request and would need a $3 billion appropriation from Congress to launch.

It is intended to serve as a mechanism for agencies to upgrade legacy IT to more modern, cloud-based systems, FCW reported.

Reader Comments

Mon, Mar 21, 2016 Bob Vuolo 20191

It wasn't too long ago that Congress gave POTUS ONE TRILLION DOLLARS!

Mon, Mar 21, 2016 Bob Vuolo 20191

Giving money to the Feds is like pissing in the wind.

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.